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Icelandic government falls amid financial crisis, protests

Discussion in 'Political Debate & Discussion' started by KenH, Jan 26, 2009.

KenH Well-Known Member

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Icelandic government falls amid financial crisis, protests

(CNN) -- Iceland's ruling coalition resigned Monday, three months after the collapse of the country's currency, stock market and several major banks, and following months of public protests, Kristjan Kristjansson, a spokesman for the prime minister told CNN.

The government also fell after the resignation of the government's commerce minister in response to the country's financial mess.

The minister, Bjorgvin Sigurdsson, resigned Sunday, saying the government had failed to restore confidence in the three months after the collapse of the financial system.

- rest at www.cnn.com/2009/WORLD/europe/01/26/iceland.government/

#1 KenH, Jan 26, 2009

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