Icelandic Prime Minister Sigmundur David Gunnlaugsson has resigned, the deputy chair of Iceland's Progressive Party said Tuesday.
Gunnlaugsson had been under intense pressure to step down since leaked documents hacked from a Panamanian law firm revealed his links to an offshore company, triggering mass protests in the capital. The fate of Iceland's Prime Minister Sigmundur David Gunnlaugsson and his government hung in the balance Tuesday as senior political figures in the Nordic nation held emergency talks amid fallout from the "Panama Papers" leaks.
Gunnlaugsson has been under intense pressure to resign since leaked documents hacked from a Panamanian law firm revealed his links to an offshore company, triggering mass protests in the capital Monday.
Critics said the revelations around the company, which allegedly had holdings in Iceland's collapsed banks, have shattered public confidence in his leadership and could affect the country's international reputation.
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