There has been a government reshuffle in Iceland. Iceland Review is reporting that there is a new Finance Minister. In place of the previous Left-Green Minister, the Social Democrats now hold this portfolio. In return, the outgoing Left-Green Finance Minister is moving to a new super-ministry that combines (or will eventually combine) three ministries, including one that was formerly held by the Social Democrats. In the end, there will be just eight ministries.
Meanwhile, Iceland Review is also reporting that in his New Year message the president of Iceland, Ólafur Ragnar Grímsson, has announced that he will not be running for re-election later this year. He was first elected in 1996. He was returned unopposed in 2000 and 2008.