Monday, April 27, 2009

Leftists Win Election in Iceland

A coalition of leftist parties has won control of Iceland’s government for the first time in the country’s history. The coalition between the Social Democratic Alliance and the Left Green Movement took thirty-four seats in the sixty-three-member parliament. The previous government in Iceland fell after the country’s economy collapsed. The IMF is predicting Iceland’s economy will shrink by about ten percent this year.

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