Iceland’s center-right opposition declared victory Sunday in parliamentary elections, as voters punished the incumbent leftist government for harsh austerity measures imposed during its four years as ruling party.

The win marked a return to power for the right wing Independence Party and the centrist-agrarian Progressive Party, which had been booted out of office in 2009 during the country’s financial crisis.

Both parties want to end the Atlantic island nation’s European Union … [Read More]

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Source: VOA News: Economy and Finance