Coalition Partners Reach Agreement

The Progressives and the Independence Party have reportedly reached an agreement on their continued partnership. The new arrangement is to be announced in just two hours.

RÚV reports that Minister of Agriculture and Fisheries Sigurður Ingi Jóhannsson emerged from parliament moments ago to inform reporters that a deal has been made. He would not disclose details at this time, but told reporters that a formal announcement will be made at 19:00 Icelandic time.

Sigurður was tight-lipped on the meeting, describing it as “fine”. He would not disclose whether or not he will be the next Prime Minister, as has been reported. However, sources close to RÚV say that early elections will be announced, to commence this autumn.

Sigurður and Progressive parliamentary party chairperson Ásmundur Einar Daðason met with Sigmundur Davíð Gunnlaugsson earlier today, follow a meeting with Independence Party chairperson and Minister of Finance Bjarni Benediktsson and Minister of the Interior Ólöf Nordal. After meeting with the rest of the Progressives at 18:00, they then meet with the Independence Party at 18:45. At the close of this meeting, they will officially announce what form the new government is to take.

Grapevine will keep readers updated as events unfold.

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