Talks on new Iceland government coalition break down

Óttarr Proppé (right), leader of Bright Future, and Benedikt Jóhannesson ...

Óttarr Proppé (right), leader of Bright Future, and Benedikt Jóhannesson (left), leader of Regeneration. Photo: Iceland Monitor/Eggert Jóhannesson

Formal negotiations between three Icelandic parties on forming a new government have broken down this afternoon, it has been announced.

Winners of the general elections on 29 October, the Independence Party, have been in talks since Friday with Regeneration and Bright Future on the possibility of forming a centre-right coalition.

These talks stalled today, with fisheries and EU membership reportedly being the biggest bones of contention between the parties.

“To my mind, the discussions of recent days have revealed that it would be most imprudent to start off a new parliament with these differences of opinion and such a small majority,” says Independence Party leader Bjarni Benediktsson.

Bjarni Benediktsson, leader of the Independence Party.

Bjarni Benediktsson, leader of the Independence Party. Photo: Iceland Monitor/Eggert Jóhannesson

Weather

Partly cloudy

Today

6 °C

Overcast

Tomorrow

4 °C

Cloudy

Saturday

4 °C

Warning: Yellow More

Exchange rates

USD USD 110.63 EUR EUR 129.60
GBP GBP 146.32 DKK DKK 17.37
NOK NOK 13.48 SEK SEK 12.52
CHF CHF 114.52 JPY JPY 0.99
ISK price of selected currencies, according to the official exchange rate of the Central Bank of Iceland. Updated daily.