Iceland is electing a new president. Finally, after President Ólafur Ragnar Grímsson has made up his mind and announced that he is not seeking a sixth term, the list of candidates is becoming clearer. At least a dozen candidates have officially announced their candidacy. The deadline to put a name on the ballot, with the requirement to have a list of at least 1,500 supporters, is May 21. The election is on June 25. Apparently, Mr. Grímsson has had some personal and psychological difficulties reaching his decision, making the time leading up to the presidential election a bit of a farce.