Sat Nov 30 05:39:09 UTC 2024: ## Iceland Holds Snap Election Amid Economic Woes

**Reykjavik, Iceland –** Icelanders head to the polls today in a snap election triggered by the collapse of a fractious coalition government. Economic concerns, including high inflation and interest rates, dominate the campaign, overshadowing even recent immigration debates.

The three-party coalition, led by Prime Minister Bjarni Benediktsson, resigned in October due to internal disagreements, primarily over the handling of migrants and asylum seekers. However, public opinion polls reveal that economic issues, healthcare, and housing are far more pressing concerns for voters. A Gallup poll showed only 32% of respondents identified immigration as a key issue, compared to over 60% citing economic hardship and healthcare.

Pre-election polls suggest a tight race. The Social Democratic Alliance, led by Kristrun Frostadottir, currently holds a narrow lead, followed closely by the Liberal Reform Party. Prime Minister Benediktsson’s Independence Party trails in third place, with recent polls indicating significant loss of support since the last election. The Left-Green Movement faces the possibility of falling below the parliamentary threshold.

The election comes against a backdrop of both political and geological instability. Iceland has experienced seven volcanic eruptions this year alone on the Reykjanes peninsula, causing evacuations and disruption. Political scientist Olafur Hardarson notes that Icelandic voters have shown a pattern of rejecting incumbent governments in recent elections, making the outcome difficult to predict. However, a potential coalition between the Social Democratic Alliance and the Liberal Reform Party is considered likely given their policy alignment. The unpredictable nature of Icelandic coalition politics, however, leaves the ultimate outcome uncertain.

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