Icelanders Oust Government Over Austerity


Iceland's centre-right are back in power five years after presiding over the country's spectacular economic collapse. With over two-thirds of the vote counted the Independence Party has 26 percent and the Progressive Party, an ally in several governments over the past three decades, 22 percent. Despite holding office in 2008, when a financial crash crippled the economy, the centre-right parties benefited from a series of policy blunders by the outgoing Social Democrats.