Ólafur Ragnar Grímsson (; born 14 May 1943) is an Icelandic politician who was the fifth
president of Iceland
The president of Iceland ( is, Forseti Íslands) is the head of state of Iceland. The incumbent is Guðni Thorlacius Jóhannesson, who is now in his second term as president, elected in 2016 and re-elected in 2020.
Vigdís Finnbogadóttir as ...
from 1996 to 2016.
Official CV
. He was previously a member of the
Icelandic Parliament for the
People's Alliance and served as
Minister of Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
from 1988 to 1991.
Since the end of his presidency, Ólafur has been serving as Chairman of the
Arctic Circle, a non-profit organization, and as Chairman of the
International Renewable Energy Agency
The International Renewable Energy Agency (IRENA) is an intergovernmental organization mandated to facilitate cooperation, advance knowledge, and promote the adoption and sustainable use of renewable energy. It is the first international organis ...
's Global Commission on the Geopolitics of Energy Transformation.
Early life
Ólafur was born in
Ísafjörður, the son of
barber
A barber is a person whose occupation is mainly to cut, dress, groom, style and shave men's and boys' hair or beards. A barber's place of work is known as a "barbershop" or a "barber's". Barbershops are also places of social interaction and publi ...
Grímur Kristgeirsson and housewife Svanhildur Ólafsdóttir Hjartar. He matriculated from
Menntaskólinn í Reykjavík
Menntaskólinn í Reykjavík (MR; official name in English: Reykjavik Junior College) is a junior college in Iceland. It is located in Reykjavík.
The school traces its origin to 1056, when a school was established in Skálholt, and it remains o ...
in 1962. From 1962 to 1970 he studied at the
University of Manchester
, mottoeng = Knowledge, Wisdom, Humanity
, established = 2004 – University of Manchester Predecessor institutions: 1956 – UMIST (as university college; university 1994) 1904 – Victoria University of Manchester 1880 – Victoria Univ ...
, obtaining a
Bachelor of Arts
Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four year ...
degree in
economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
and
political science
Political science is the scientific study of politics. It is a social science dealing with systems of governance and power, and the analysis of political activities, political thought, political behavior, and associated constitutions and la ...
in 1965 and a
Doctor of Philosophy
A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ...
(PhD) degree in political science in 1970, thus becoming the first Icelander to earn a PhD in this field.
He became a
lecturer in political science at the
University of Iceland in 1970, then a Professor of Political Science at the same university in 1973. He was the university's first Professor of Political Science.
[
]
Political career
As part of the left-wing
Left-wing politics describes the range of political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy. Left-wing politics typically involve a concern for those in soci ...
People's Alliance, Ólafur was a Member of Althing
The Alþingi (''general meeting'' in Icelandic, , anglicised as ' or ') is the supreme national parliament of Iceland. It is one of the oldest surviving parliaments in the world. The Althing was founded in 930 at (" thing fields" or "assemb ...
for Reykjavík
Reykjavík ( ; ) is the capital and largest city of Iceland. It is located in southwestern Iceland, on the southern shore of Faxaflói bay. Its latitude is 64°08' N, making it the world's northernmost capital of a sovereign state. With a po ...
from 1978 to 1983. During this time, from 1980 to 1983, he was Chairman of the People's Alliance parliamentary group. Subsequently, he was Chairman of the People's Alliance executive committee from 1983 to 1987; additionally, from 1983 to 1985 he was editor of a newspaper, ''Þjóðviljinn''.[ From 1981 to 1984, he was also a member of the ]Parliamentary Assembly of the Council of Europe
The Parliamentary Assembly of the Council of Europe (PACE) is the parliamentary arm of the Council of Europe, a 46-nation international organisation dedicated to upholding human rights, democracy and the rule of law.
The Assembly is made up ...
, serving again briefly from 1995 to 1996. In 1984, with three other left-wing intellectuals, he took part in
debate
with economist Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the ...
, who was in Iceland to give a lecture on the "tyranny of the status quo" at the University of Iceland.
Ólafur was chairman and later President of Parliamentarians for Global Action (PGA) from 1984 to 1990, serving on their council until 1996. In 1986, he received the Indira Gandhi Prize on behalf of the PGA. From 1987 to 1995, he was Leader of the People's Alliance. During this time, he served as Minister of Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
from 1988 to 1991. As Minister of Finance, he "was subjected to the idea that the rating agencies were the golden judges of financial health." He was re-elected as a Member of Althing for Reykjanes
Reykjanes () is a small headland on the southwestern tip of the Reykjanes Peninsula in Iceland, giving the main peninsula its name. The region is about from Iceland's international airport.
As the name means "smoking peninsula" connected to vol ...
from 1991 to 1996.
President of Iceland
1996 election
In the 1996 presidential election, he was elected with 41.4% of the votes cast.
Re-election 2004
In the 2004 presidential election, Ólafur was re-elected with 85.6% of the valid votes cast, but that election also saw a record number of empty/invalid ballots (21.2%) and an exceptionally low turnout of 62.9% (usually 80–90%), both of which have been interpreted as dissent with the president's decision not to sign a controversial media law. Since then, the issue of a constitutional amendment to revoke the veto power of the president has been raised by the Independence Party. Some have also wanted to rest that power with the people themselves, who could then force referendums to be held on laws by – for instance – collecting a certain number of signatures.
Re-election 2008
On 1 January 2008, in his new year's address, Ólafur announced his intention to seek a fourth term in office later in 2008. Because there was no challenger, he was automatically re-elected and sworn in for another term on 1 August 2008.
Crisis of 2008 statements
In the aftermath of the 2008–2011 Icelandic financial crisis
The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their ...
, Ólafur criticized other countries for lack of help to Iceland.
In early November, the President attended a traditional informal lunch with all ambassadors to Iceland, held by the senior Danish ambassador. According to a confidential memo from the Norwegian embassy, quoted in the Norwegian newspaper Klassekampen
''Klassekampen'' ( en, The Class Struggle) is a Norwegian daily newspaper. It describes itself as "the newspaper of the Left." The paper's net circulation is 34,000 (2021), and it has around 111,000 daily readers on paper (160,000 on Saturdays). ...
, the President said: "The North Atlantic is important to Scandinavia, the US and Britain. This is a fact these countries now seem to ignore. Then, Iceland should rather get some new friends". He praised Norway and the Faroe Islands for their swift decision to grant major loans to Iceland. He also said Iceland should rather invite Russia to use the Keflavík Air Base. According to the memo, an "amazed and smiling" Russian ambassador said Russia did not have any need for this. Ólafur also criticised the International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
for the system's flaws and for its mistreatment of Iceland. He said it was part of Icelandic political mentality to "fight alone" rather than being threatened into submission, and that he expected Iceland to overcome the crisis sooner than the US and Britain by showing initiative and international activity in new fields. The memo underlined that the President of Iceland has no political power and that no other government official had presented similar points of view "to the same degree". The Danish ambassador to Iceland, Lasse Reimann, confirmed to the daily ''Politiken
''Politiken'' is a leading Danish daily broadsheet newspaper, published by JP/Politikens Hus in Copenhagen, Denmark. It was founded in 1884 and played a role in the formation of the Danish Social Liberal Party. Since 1970 it has been indepe ...
'' that the lunch had taken place, but declined to discuss on the President's comments.
On 5 January 2010, the President of Iceland vetoed a measure of the Icelandic government to repay the governments of Britain and the Netherlands for their bailouts of customers of private Icelandic banks (no such bailout was required under Icelandic law, though on 26 May 2010 the EFTA
The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. The organization operates in parallel with the European U ...
found it was required by the terms of Iceland's membership of the EEA). The President's veto was upheld by the people of Iceland when they voted upon the measure in March 2010. This dispute is known as Icesave dispute.
On 20 February 2011, the President of Iceland again vetoed an effort by the Icelandic government to repay (in installments over a period of years) the governments of Britain and the Netherlands. In a referendum held on 9 April 2011, Icelanders rejected for a second time a proposal to pay $5 billion to Britain and the Netherlands. Nearly 60% of Icelanders rejected the proposal put forward by the government. The President's veto was thus upheld by the people.
2012 election
Ólafur Ragnar announced on 4 March 2012, that he would be seeking a fifth term as the President of Iceland in the 2012 presidential election. Election took place on 30 June 2012 and Ólafur received 52.78% of votes cast.
2016 election and Panama Papers controversy
In a statement to the country on 1 January 2016, Ólafur Ragnar announced that he would not run in the 2016 presidential election
This national electoral calendar for 2016 lists the national/ federal elections held in 2016 in all sovereign states and their dependent territories. By-elections are excluded, though national referendums are included.
January
*7 January: Kiri ...
, wanting "to transfer the responsibilities of the president onto other shoulders". He later withdrew the statement and decided in April to run again, citing political unrest after the fallout of the Panama Papers leak, which implicated Prime Minister
A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister i ...
Sigmundur Davíð Gunnlaugsson and forced the minister to resign after large anti-government protests. After Guðni Th. Jóhannesson and Davíð Oddsson
Davíð Oddsson (pronounced ; born 17 January 1948) is an Icelandic politician, and the longest-serving prime minister of Iceland, in office from 1991 to 2004. From 2004 to 2005 he served as foreign minister. Previously, he was Mayor of Reykjav ...
announced their candidacies, he again changed his mind and on 9 May declared he would not run.
Reykjavik Grapevine and the news site Kjarninn revealed that Ólafur Ragnar's wife, Dorrit Moussaieff, had connections to an offshore company
The term "offshore company" or “offshore corporation” is used in at least two distinct and different ways. An offshore company may be a reference to:
* a company, group or sometimes a division thereof, which engages in offshoring business pr ...
in the British Virgin Islands
)
, anthem = "God Save the King"
, song_type = Territorial song
, song = " Oh, Beautiful Virgin Islands"
, image_map = File:British Virgin Islands on the globe (Americas centered).svg
, map_caption =
, mapsize = 290px
, image_map2 = Bri ...
. Ólafur Ragnar had denied any personal or family ties to companies in tax haven
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...
s. The company was owned by the parents of Dorrit. According to Kjarninn, the company, Lasca Finance, was in operation from 1999 to 2005. The financial statements of Moussaieff Jewelers Limited show it received almost £7 million (10.2 million or €9.1 million) in interest payments from Lasca in 2000–2005.
Views on current global issues
Ólafur has identified the 2009 financial crisis, the need for a green energy revolution, and climate change as the three most pressing issues in today's world. Declaring these three problems to be interconnected, he has said, "None of these three crises can be solved without solving the other."
Ólafur has expressed concern that Saudi Arabian financing of a Reykjavík
Reykjavík ( ; ) is the capital and largest city of Iceland. It is located in southwestern Iceland, on the southern shore of Faxaflói bay. Its latitude is 64°08' N, making it the world's northernmost capital of a sovereign state. With a po ...
mosque will fuel radical Islam in Iceland, and said that he was, "shocked to the point of paralysis" when he learned the government of Saudi Arabia had decided to interfere in Icelandic religious life by donating one million US dollars for the mosque.
Awards and decorations
National honours
*:
** Collar with Grand Cross Breast Star of the Order of the Falcon
The Order of the Falcon ( is, Hin íslenska fálkaorða) is the only order of chivalry in Iceland, founded by King Christian X of Denmark and Iceland on 3 July 1921. The award is awarded for merit for Iceland and humanity and has five degrees. N ...
Foreign honours
*:
** Knight of the Order of the Elephant
*:
** Grand Cross Special Class of the Order of Merit of the Federal Republic of Germany
The Order of Merit of the Federal Republic of Germany (german: Verdienstorden der Bundesrepublik Deutschland, or , BVO) is the only federal decoration of Germany. It is awarded for special achievements in political, economic, cultural, intellect ...
*:
** Grand Cross of the Order of Vytautas the Great
*:
** Grand Cross of the Order of St. Olav
*:
** Recipient of the Order for Exceptional Merits
*:
** Knight of the Royal Order of the Seraphim
The Royal Order of the Seraphim ( sv, Kungliga Serafimerorden; ''Seraphim'' being a category of angels) is a Swedish order of chivalry created by King Frederick I on 23 February 1748, together with the Order of the Sword and the Order of the P ...
** Recipient of the Ruby Jubilee Commemorative Medal of King Carl XVI Gustaf
Other achievements
In recent years the President has been outspoken on the issues of renewable energy and global climate change. He initiated a Global Roundtable on Climate Change with the participation of a large group of companies and individual opinion leaders. Ólafur strongly advocates the use of geothermal energy, which is renewable, economically viable and reliable resource, as proven convincingly by the case of Iceland.
In relation to his efforts on these issues, Ólafur has participated in the Global Creative Leadership Summit, organized by the Louise Blouin
Louise Thérèse Blouin (born 1958/59) is a Canadian magazine publisher. She is the owner of Louise Blouin Media, which she founded.
Early life and education
Blouin was born in the suburbs of Montreal, in Quebec, Canada, the sixth child of par ...
Foundation, in 2007 and 2008. He was also awarded the Louise T Blouin Award for Creative and Cultural Achievement. In 2008, as a delegate at the Summit he delivered the Keynote Speech on Climate Change versus Globalization.
On 15 April 2013, at the National Press Club in Washington, he announced the formation of the Arctic Circle, an organization to facilitate dialogue among political and business leaders, environmental experts, scientists, indigenous representatives, and other international stakeholders to address issues facing the Arctic as a result of climate change and melting sea ice.
Family
He married Guðrún Katrín Þorbergsdóttir in 1974, who gave birth to twin daughters the following year, Guðrún Tinna, a graduate in business studies, and Svanhildur Dalla, a graduate both in political science and law.[ Guðrún Katrín was a popular figure in Iceland, and was mourned nationwide when she died of ]leukaemia
Leukemia ( also spelled leukaemia and pronounced ) is a group of blood cancers that usually begin in the bone marrow and result in high numbers of abnormal blood cells. These blood cells are not fully developed and are called ''blasts'' or ...
in 1998.
Ólafur's second marriage was to Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...
i-born Dorrit Moussaieff, to whom he became engaged in May 2000. The wedding took place on his 60th birthday, 14 May 2003, in a private ceremony held at the presidential residence.
Health
Ólafur was hospitalized in Reykjavík on 6 October 2008, for an angioplasty
Angioplasty, is also known as balloon angioplasty and percutaneous transluminal angioplasty (PTA), is a minimally invasive endovascular procedure used to widen narrowed or obstructed arteries or veins, typically to treat arterial atheroscle ...
procedure. This was announced on 9 October, with his saying that he was "recovering and has resumed most activities"."Iceland president briefly hospitalised for heart problem: office"
, AFP, 9 October 2008.
Ancestry
References
{{DEFAULTSORT:Grimsson, Olafur Ragnar
1943 births
Icelandic political scientists
Ólafur Ragnar Grimsson
Alumni of the University of Manchester
Ólafur Ragnar Grimsson
Ólafur Ragnar Grimsson
Living people
Ólafur Ragnar Grimsson
Ólafur Ragnar Grimsson
Ólafur Ragnar Grimsson
Ólafur Ragnar Grimsson
Olafur Ragnar Grimsson
Olafur Ragnar Grimsson
Olafur Ragnar Grimsson
Recipients of the Order of the Falcon