Recent Elections
In the 2007 elections, the party dropped five seats, down from twelve. The coalition only held a one-seat majority in the Althing, and the Independence Party formed a government with the Social Democratic Alliance with the deal being signed on 22 May, returning the Progressive Party to the opposition. When a centre-left minority government was formed in February 2009, in the wake of the 2008–2012 Icelandic financial crisis, the Progressive Party agreed to defend it from a no-confidence vote, but did not form part of the governing coalition.
In the 2009 elections, the Progressive Party fared somewhat better, securing 14.8% of the vote, and increasing its number of seats from seven to nine. It remained in opposition, however, with a coalition of the Social Democratic Alliance and the Left-Green Movement continuing to govern with an increased majority.
Read more about this topic: Progressive Party (Iceland)
Famous quotes containing the word elections:
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“Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates.”
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