Iceland New Pm

Iceland's right-wing coalition government on Wednesday named a new prime minister and said it would hold elections in the autumn, after the previous leader was forced to step down over his implication in the Panama Papers scandal.

Iceland's prime minister today threatened to dissolve parliament and call new elections if he were to lose the support of his junior coalition partner following an uproar over his offshore holdings revealed in the "Panama Papers".

Iceland's right-wing coalition government on Wednesday named a new prime minister and said it would hold elections in the autumn, after the previous leader was forced to step down over his implication in the Panama Papers scandal.

Iceland's prime minister today threatened to dissolve parliament and call new elections if he were to lose the support of his junior coalition partner following an uproar over his offshore holdings revealed in the "Panama Papers".