Prime Minister elect of Iceland, Sigmundur Davíð Gunnlaugsson, declares that a January decision to freeze European Union membership talks will be extended indefinitely.
The final results of yesterday's election in Iceland show that the ruling left-right coalition strengthened its majority despite Prime Minister Katrín Jakobsdóttir losing ground. The Independence Party won the most seats, with 16.
Icelandic fishing company Samherji announces it will cease operations in Namibia. The company was embroiled in a bribery scandal there that resulted in the resignation of Namibian Fisheries Minister Bernhardt Esau and Justice Minister Sacky Shanghala, as well as the arrest of two employees of South African banking corporation Investec.
Icelandic Prime Minister Sigmundur Davíð Gunnlaugsson refuses to resign after leaked "Panama Papers" tax documents showed he and his wife used an offshore firm to allegedly hide million-dollar investments. "I have not considered quitting because of this matter nor am I going to quit because of this matter," Gunnlaugsson told Icelandic television Channel 2.