Iceland's Left Greens give up on coalition talks, extending impasse
- Wall Street dips as investors ready for Trump's inauguration
- Western Union (WU) Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586M in Settlement
- Netflix, Inc. (NFLX) Tops Q4 EPS by 1c; Subs Beat Views
- Apple (AAPL) PT Raised to $140 at BofA/Merrill Lynch; iPhone 8 Will be 'Super-Long' Cycle
- Morgan Stanley Upgrades Tesla Motors (TSLA) to Overweight
Ottarr Proppe of Bright Future (2nd L), Benedikt Johannesson of the Reform Party (3rd L), Prime Minister Sigmurdur Ingi Johannsson of the Progressive Party (6th L), Katrin Jakobsdottir of the Left-Green Movement (seated L), Asta Helgadttir of the Pirate P
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
REYKJAVIK - Iceland's Left Green party leader said on Friday she had given up on forming a government and handed back the president's mandate to create one.
Katrin Jakobsdottir's failure to negotiate a coalition further extends the political impasse that followed the Oct. 29 snap election.
Talks led by her to form a five-party government including the anti-establishment Pirate Party were suspended earlier this week.
The president gave Jakobsdottir the task to form a government after talks led by the center-right Independence Party which emerged as the biggest party in the election failed.
Jakobsdottir told local media she now did not exclude anything in terms of a future government, including a minority government.
President Gudni Johannesson said he would give the parties time to talk informally.
(Reporting by Ragnhildur Sigurdadottir; Writing by Daniel Dickson Editing by Jeremy Gaunt)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Plane carrying Brazil Supreme Court judge crashed into sea: source
- Ex-Visium fund manager had no motive for fraud, lawyer tells U.S. jury
- Secretary of State Kerry meets with Tillerson: U.S. official
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!