The new administration is expected to apply for EU membership in July. Indications are that the country is evenly split on joining Europe and a referendum may be necessary.
Constitutional changes will have to be made to make EU membership possible.
Last week, Sigurdardottir commented that the new government would be following pre-election pledges to recall fishing quotas that sent shock waves through the fishing industry.
The quota system, as a whole, is deeply unpopular with the general public and although fisheries have not been high on the agenda in previous elections, there was increased focus on the quota issue in the run-up to the April election.
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