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Lesson Learned? Icelands Prime Minister under fierce pressure after leaked "Panama Papers"

by Elisabeth Bauer, Nadja Cornelius-Pieplow

"Panama Papers" reveal a tender spot of Iceland

Sigmundur Davíð Gunnlaugsson is one of the world wide high-level politicians who is charged by the "Panama Papers". Two days after Gunnlaugsson letterbox company became public, his party announced his withdrawal as chairman. Gunnlaugsson however informed the international press, that he will be only pausing but not resigning. Now he is blamed for breaking trust.

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