Former Fisheries Minister Sigurdur Ingi Johannsson becomes country's new PM
New developments in Iceland following the 'Panama Papers' scandal. A new prime minister has been appointed and early elections called for this autumn.
Sigurdur Ingi Johannsson, new Icelandic Prime Minister: "I am hoping that the people of Iceland will see that the new government will increase the stability both in politics and in governance."
The reshuffle comes a day after the former leader Sigmundur Gunnlaugsson quit over leaked documents of hidden offshore accounts. They showed his wife owned an offshore company that held millions of dollars in debt from failed Icelandic banks.
A few thousand demonstrators, though fewer than on Monday, gathered for another evening of protests in front of the parliament building on Wednesday (April 6).
Protesters, already fed up with the financial and political elite after the 2008 banking crisis wrecked their economy, have gathered the last three nights in the capital Reykjavik, some pelting parliament with yoghurt and eggs.