Iceland’s Social Democratic Alliance has announced the formation of a new three-party coalition government, promising to stabilize the economy following their victory in November’s parliamentary elections. The Social Democrats triumphed over the ruling Independence Party in a snap election called after a right-wing coalition collapsed in October due to disagreements over the handling of immigrants and asylum seekers.
Kristrún Frostadóttir, the New Prime Minister
The new Prime Minister, Kristrún Frostadóttir, at 36, becomes the youngest head of government in Iceland’s modern political history. She leads a government formed by her Social Democratic Alliance, the Liberal Reform Party, and the People’s Party.
Key Policy Plans: EU Membership Referendum
One of the key policy points of the new government is a plan to hold a referendum by 2027 on resuming Iceland’s European Union membership negotiations, which were halted in 2013.
The formation of this new government marks a significant shift in Icelandic politics, as the Social Democrats aim to bring greater stability and direction to the nation in the wake of internal political turmoil.
