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Leftist parties fail to form new Icelandic government
By EUobserver
Talks on forming a new Icelandic government led by the Left-Green Movement broke down on Monday, local media reported. The Progressive Party, the Left-Green Movement, the Social Democratic Alliance and the Pirate Party gave up due to their small majority in parliament, holding 32 MPs in Iceland's 63 member parliament. Left-Green Movement leader, Katrin Jakobsdottir, will announce the decision officially on Monday afternoon to Iceland's president.