Iceland appoints Johannsson as new PM, to hold autumn election

Sigurdur Ingi Johannsson, Iceland’s Minister of Agriculture and Fisheries and the deputy leader of the center-right Progressive Party, has been appointed as the country’s new Prime Minister.
Sigurdur Ingi pledged to hold early parliamentary elections before the end of this year.

former prime minister and ruling Progressive Party (PP) chairman Sigmundur Gunnlaugsson stepped down in the wake of the leaked Panama Papers

The leaks, from Panama law firm Mossack Fonseca, showed Gunnlaugsson owned an offshore firm with his wife.

However, Gunnlaugsson said he sold his shares to his wife and denies any wrongdoing. But he is accused of concealing millions of dollars’ worth of family assets.

It was unclear whether the move would satisfy angry Icelanders, who staged a mass demonstration outside parliament for a third consecutive day on Wednesday.

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