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Iceland's ruling coalition approved a new prime minister

The ruling center-right coalition has approved a new prime minister of Iceland Fisheries Minister Sigurdur Ingi Johannsson. The former prime minister has left office after the offshore scandal and thousands of protesters in the center of the capital, Reykjavik. Sigurdur told that early legislative elections in the country will be held in autumn this year. He also noted that the coalition would continue addressing public issues, in spite of the protests in support of the resignation of the entire government, RIA "Novosti" reports. 53-year-old Sigurdur in addition to working in the government also holds the post of deputy head of the Progressive Party of Iceland. As Prime Minister he succeeded Sigmundur Davíd Gunnlaugsson, who resigned after the published Sunday "Panamanian documents" made it clear that he and his wife are owners of offshore company Wintris, according to the BBC Russian service.

The fact of ownership was not reflected in official declaration. Later, the prime minister office said that Gyunnleygsson was not resigned, but only "temporarily retired" having offered the post to the Fisheries Minister. The former Prime Minister also said that he did not violate any rules or laws, and his wife was managing the inherited funds through the offshore company.

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