Global news sources are now reporting that Iceland’s government has collapsed due to the severity of the global economic crisis’ impact on the island nation. There have been riots for months as the economic crisis worsened, and last week former Prime Minister Geir Haarde was pelted with eggs and snowballs. Today, Mr Haarde resigned and disbanded the government he’d led since 2006. Next steps are not known, but the Social Democrats, who held a power-sharing agreement with Mr. Haarde’s government, will certainly be involved. As Time magazine speculates,
Jóhanna Sigurðardóttir may become Iceland’s first female prime minister and the first openly gay prime minister in Europe.
If the Social Democrats take control, even temporarily, they are likely to be led by Jóhanna Sigurðardóttir, who would become Iceland’s first female prime minister and the first openly gay prime minister in Europe.“