The Prime Minister Bjarni Benediktsson’s Independence Party won the most votes in the Iceland election but he saw his party’s support eroded as voters turned to smaller parties in protest. This leaves the country in a position of uncertainty as the election has opened the door to power for the nation’s charismatic and very attractive left-wing leader, Katrin Jakobsdottir. Now Jakobsdottir has the chance to form together a narrow majority for a center-left coalition. She is a 41-year-old who is very popular on her own with pre-election polls that showed one in two voters wanted her as the premier.
This post was published at Armstrong Economics on Nov 1, 2017.