President of Iceland Ólafur Ragnar Grímsson has called the National Council together this morning for its traditional New Year’s meeting. The Council is made up of the President and the government cabinet. It is widely expected that the sacking of two ministers will be announced after today’s meeting. Read the full story

The Icelandic government is set for a shake-up in the next few days; probably today or when parliament returns for the first day of the autumn term tomorrow. There will be two fewer ministers than at present. Read the full story

The Icelandic cabinet met last night in Reykjavik to discuss the nation’s finance and the proposed merger of several ministries. Read the full story