Icelandic President Olafur Ragnar Grimsson has said that he would participate in the presidential election next summer and hoped to serve as Iceland's president for a fourth term in his New Year's speech, according to reports reaching here from Reykjavik on Wednesday.
Grimsson, Iceland's fifth president, was first elected in 1996 with 40.8 percent of the electorate and was reelected in 2000 and again in 2004, the Icelandic broadcaster RUV reported.
If Grimsson is reelected again next summer he would be the third president to remain in office for 16 years, or four terms, as his two predecessors Asgeir Asgeirsson and Vigdis Finnbogadottir, RUV added. terms.
Leader of the Left Greens, Steingrimur J. Sigfusson, has proposed limiting the time the president is permitted to remain in office to 12 years, as has been done in Finland. But, other MPs, like Minister of Education and MP for the Independence Party, disagree and do not believe a time limit is necessary, according to Icelandic media.