Finance Minister Denies Story of New Coalition Talks Skip to content

Finance Minister Denies Story of New Coalition Talks

Minister of Finance and chairman of the Left-Green Movement Steingrímur J. Sigfússon said there is no truth in the rumors of informal discussions with the Progressive Party on joining the Social Democrat-Left-Green coalition.


Finance Minister Steingrímur J. Sigfússon. Photo by Páll Kjartansson.

Like the Progressive Party’s chairman Sigmundur Davíd Gunnlaugsson, Sigfússon calls the story that the Progressive Party has been offered a new Ministry of Employment Affairs a “spin”, reports.

“There is absolutely no truth in it; this is not the sort of thing people joke about or take lightly. If people were to launch coalition talks it is a formal process where they require the authority from the institutions of the parties in question. Nothing like that is in the pipelines and I find it strange that people are gossiping on such matters,” Sigfússon stated.

According to, the rumors started because of discussions between individual MPs, some of whom are concerned that the government was weakened when three MPs of the Left-Greens abstained in the voting of the 2011 budget bill.

One of the three MPs who abstained, Lilja Mósesdóttir, has announced that she is considering leaving the Left-Greens while the other two, Ásmundur Einar Dadason and Atli Gíslason, have declared that they would support the government against a vote of no confidence.

A few difficult matters await the parliament in the New Year, including the new Icesave bill. The first round of discussions on the Icesave bill concluded on December 16 and it will be up for discussion in the Budget Committee after the parliament convenes early next year.

Click here to read more about the rumors and here to read more about Icesave.

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