Iceland's longest serving President will not run for a sixth term in
June, the president's office said on Monday May 09,2016, reversing a decision after
being caught up in the political upheaval caused by the Panama Papers
scandal.
Olafur Ragnar Grimsson has been President since 1996.
He had drawn
criticism after his wife's family was linked to holdings in tax havens
made public in the Panama papers.
Note
Iceland lso called the Republic of Iceland is a Nordic Island Countrybetween the North Atlantic and the Arctic Ocean
It has a population of 332,529 and an area of 103,000 km2 (40,000 sq mi), making it the most sparsely populated country in Europe
The capital and largest city is Reykjavik . Reykjavík and the surrounding areas in the southwest of the country are home to over two-thirds of the population.
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