(Sept 27): Iceland’s claim of electing Europe’s first female-majority legislature was retracted due to a miscalculation after the centrist ruling coalition added to its majority. Predictions failed to pan out that Jakobsdottir’s coalition would struggle in the face of calls from the left for higher health-care spending and worries over climate change in the North Atlantic island nation. Instead, the grouping won a fresh endorsement from voters after getting the Iceland’s tourism-dependent economy through a pandemic-induced slump. Iceland is the only Nordic country that hasn’t bounced back to pre-crisis levels of activity after its economy plunged 6.6% in 2020. “I feel like those views have won in these elections and are part of my party’s great victory.“


Source:   The Edge Markets
September 26, 2021 22:41 UTC