Iceland conservative leader claims PM post - Focus News

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Iceland conservative leader claims PM post

Reykjavik. The leader of Iceland’s conservative Independence Party, Bjarni Benediktsson, early Sunday claimed the post of prime minister after the centre-right opposition ousted the country’s leftist government, AFP reports.

“The Independence Party is called to duty again,” Benediktsson told supporters, saying he was ready to negotiate a coalition that would lead the country.

The Independence Party looks set to gain 21 out of the Althing legislature’s 63 seats, and its long-term coalition partner, the centrist-agrarian Progressive Party, will have 18, according to the latest projections from public broadcaster RUV.

The two parties have a history of governing together, and presided over the liberalisation of the financial sector that critics say prompted the banking system’s collapse in 2008.

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Reykjavik. Iceland’s centre-right opposition took an early lead after polls closed Saturday in the country’s parliamentary elections, as voters punished the leftist coalition in power since 2009, according to early estimates, AFP reports.

A partial count of ballots in one of the country’s six voting districts — a rural area in the south — showed the centrist-agrarian Progressive Party with 33.5 percent of the vote, the conservative Independence Party with 28.4 percent and the Social Democratic Alliance Party trailing its rivals with just 10.5 percent.

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Reykjavik. Polling stations opened on Saturday in Iceland, where the leftist coalition elected in 2009 in the wake of the country’s financial crisis is expected to be voted out of power, AFP reported.

The right-wing Independence Party and the centrist-agrarian Progressive Party, who both want to end the North Atlantic nation’s EU accession talks, are expected to form a new coalition.

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Reykjavik. Iceland goes to the polls on Saturday in a general election expected to return an opposition centre-right coalition to power four years after it was ousted over its handling of the country’s dire financial crisis, AFP reported.

An opposition victory will likely spell the end of Reykjavik’s European Union membership negotiations, as both the centrist Progressive Party and the eurosceptic conservative Independence Party are in favour of putting a halt to Iceland’s bid.

The last opinion poll published before voting booths open on Saturday at 9:00 am (0900 GMT) gave Independence Party leader Bjarni Benediktsson, 43, a slight lead over the Progressive Party’s Sigmundur David Gunnlaugsson, 38.

The two parties, which have led the polls through much of the campaign, have a long tradition of governing together and are expected to form a coalition.

Outgoing Prime Minister Johanna Sigurdardottir, of the Social Democrats, meanwhile bade her political farewell to some 300 supporters on Friday, having previously announced her retirement from politics at the age of 70.

The Gallup poll, conducted between April 18 and 25, suggested the Independence Party would win 27.9 percent of votes while the Progressives would garner 24.7 percent.

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Reykjavik. The former head of Iceland’s once biggest bank, Kaupthing, will be charged next month with fraud and for manipulating the bank’s share price which helped lead to the bank’s collapse in 2008, a prosecutor said Tuesday, AFP informed.

Special prosecutor Olafur Thor Hauksson said the charges would be filed against the bank’s former chief executive, Heidar Mar Sigurdsson, and eight other former Kaupthing employees on April 24 in Reykjavik’s district court.

The trial could last “up to one year”, Hauksson said.

According to the charges to be filed, Sigurdsson took a loan from Kaupthing to buy shares in the bank. He then sold his shares to his own holding company for 572 million kronur ($4.6 million, 3.58 million euros), thereby artificially elevating the bank’s share price.

Sigurdsson made 325 million kronur in the transaction, prosecutors said.

Two months after Sigurdsson’s 2008 transaction, Kaupthing collapsed.

Iceland conservative leader claims PM post

Reykjavik. The leader of Iceland’s conservative Independence Party, Bjarni Benediktsson, early Sunday claimed the post of prime minister after the centre-right opposition ousted the country’s leftist government, AFP reports.

Algerian President Bouteflika suffers mini-stroke: AFP

Algiers. Algerian President Abdelaziz Bouteflika suffered a mini-stroke Saturday and was flown to Paris for exams, but is not experiencing any lasting effects, the APS news agency reported.

Japan Dreamliner test flight takes off

Tokyo. A Dreamliner test flight with top Boeing and All Nippon Airways’ executives aboard took off from a Tokyo airport Sunday, the carrier said, three months after the worldwide fleet of 787s was grounded, AFP reports.

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Iceland conservative leader claims PM post - Focus News