Iceland: Prime Minister calls snap election after coalition party quits over ‘breach of trust’ | Reuters

Iceland’s prime minister called for a snap parliamentary election on Friday after one party in the ruling coalition quit the government formed less than nine months ago. The outgoing party, Bright Future, cited a “breach of trust” after Prime Minister Bjarni Benediktsson’s party allegedly tried to cover up a scandal involving his father. That leaves the country, whose economy was wrecked by the collapse of its banking system nearly a decade ago, facing its second snap election in less than a year. The outgoing government would be the shortest-living in Iceland’s history. The previous government was felled by the Panama Papers scandal over offshore tax havens.

Full Article: Iceland PM calls snap election after coalition party quits over 'breach of trust'.

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