Iceland’s ruling Independence Party took the largest share of the vote in the island nation’s parliamentary election but faces difficult negotiations to form a new government after populist candidates showed unexpected strength. A record eight parties won seats in Saturday’s vote as the 2008 global financial crisis continues to roil the island’s politics. Despite topping the poll, the Independence Party saw its support dip to 25 percent. The three-party governing coalition lost a total of 12 seats, leaving it 11 seats shy of a majority in parliament, known as the Althingi. The opposition Left Green Movement finished second with 17 percent, despite predictions it could win the election. “Everyone lost,” said political analyst Gunnar Smari Egilsson said. “The current opposition gained no seats while the ruling coalition lost 12 seats. Populists alone triumphed.”Full Article: Iceland heads to coalition talks after vote; Populists gain - LA Times.
Oct 31 2017