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Iceland PM Says He's Ready to Call Snap Election

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Panama Leak Reports World Leaders' Hidden Billions

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Iceland’s Prime Minister Sigmundur David Gunnlaugsson said he was ready to call early elections should his coalition partner urge him to do so amid mass protests following revelations that he allegedly benefited from offshore investment accounts in tax havens.

Police on Monday erected barricades around the parliament in Reykjavik as protesters beat drums and pelted the legislature with eggs and yogurt. Almost 10,000 people gathered, according to police, while organizers said the figure was twice as high. Thousands more had signed up on Facebook to attend a second round of protests due to take place on Tuesday afternoon.