Sverrir Hermannsson
Encyclopedia
Sverrir Hermannsson is an Iceland
ic politician, businessman, and banker. Beginning in politics as a member of the Independence Party
, he was Speaker of the Althing
from 1979 to 1983.
Hermannsson was Minister for Industry from 1983 to 1985, followed by Minister for Education from 1985 until 1987. From 1975 to 1983, and again from 1987 to 1988, he sat on the Nordic Council
. In 1988, he resigned from the Althing to manage Landsbanki
, before it was sold out of public ownership.
Soon after leaving Landsbanki, in 1998, he returned to politics to found the Liberal Party. At the 1999 election, he was returned to the Althing, representing Reykjavíkurkjördæmi, before leaving politics again in 2003.
Iceland
Iceland , described as the Republic of Iceland, is a Nordic and European island country in the North Atlantic Ocean, on the Mid-Atlantic Ridge. Iceland also refers to the main island of the country, which contains almost all the population and almost all the land area. The country has a population...
ic politician, businessman, and banker. Beginning in politics as a member of the Independence Party
Independence Party (Iceland)
The Independence Party is a centre-right political party in Iceland. Liberal conservative and Eurosceptic, it is the second-largest party in the Althing, with sixteen seats. The chairman of the party is Bjarni Benediktsson and vice chairman is Ólöf Nordal....
, he was Speaker of the Althing
Althing
The Alþingi, anglicised variously as Althing or Althingi, is the national parliament of Iceland. The Althingi is the oldest parliamentary institution in the world still extant...
from 1979 to 1983.
Hermannsson was Minister for Industry from 1983 to 1985, followed by Minister for Education from 1985 until 1987. From 1975 to 1983, and again from 1987 to 1988, he sat on the Nordic Council
Nordic Council
The Nordic Council is a geo-political, inter-parliamentary forum for co-operation between the Nordic countries. It was established following World War II and its first concrete result was the introduction in 1952 of a common labour market and free movement across borders without passports for the...
. In 1988, he resigned from the Althing to manage Landsbanki
Landsbanki
Landsbanki, also commonly known as Landsbankinn in Iceland, is a private Icelandic bank with international operations...
, before it was sold out of public ownership.
Soon after leaving Landsbanki, in 1998, he returned to politics to found the Liberal Party. At the 1999 election, he was returned to the Althing, representing Reykjavíkurkjördæmi, before leaving politics again in 2003.