Reuters, By Balazs Koranyi & Robert Robertson, April 28
Reykjavik – Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday, returning a center-right government that ruled over its stunning financial collapse just five years ago.
Once a European financial hub, this windswept north Atlantic island of glaciers, geysers and volcanoes has been limping along for years, still crippled from a crash that brought it to its knees in just a matter of days.
“We are offering a different road, a road to growth, protecting social security, better welfare and job creation,” Independence Party leader Bjarni Benediktsson, the favorite to become the next prime minister after his party took first place in the vote, told Reuters as the results were coming in.
“What we won’t compromise about is cutting taxes and lifting the living standards of people,” said Benediktsson, 43, a former professional soccer player.