Posts Tagged

Iceland

This week the Icelandic public elected a new parliament. The Independence Party was the clear winner with 29 per cent of the vote, up from the last elections 26.7 per cent. This is a good result for them, boosting their numbers by two more seats to twenty-one. At this table shows, by contrast, it was the Progressive Party, their coalition partner, who bore the brunt of the backlash, despite Iceland’s economic recovery in the last three years. Last April, news surfaced that Sigmundur David Gunnlaugsson, the then prime minister, and his wife owned Wintris, an off-shore company that held debt from failed Icelandic banks – a fact he failed to disclose upon entering parliament in 2009. This caused widespread public …