Steingrímur Sigfússon, the Minister of Finance and the leader of the Left-Green Movement, in conversation with Ruurik Holm from transform! europe on the financial crisis of Iceland.
Thinking of unpronounceable volcanoes or brute football fan chants Iceland will pop up in many minds. In contrast it is much less known that a new established socialist party is causing quite a stir. Klemens Herzog (Vienna) was talking to Reykjavík’s socialist city councilor Sanna Magdalena Mörtudóttir about the left potential at the polar circle.
The Professor of Economics and ex-MP of Iceland expressed her view that the Icelandic way out of the crisis shows an alternative to the neoliberal crisis management.
Parliamentary elections in Iceland on 27 April gave a clear sign to the left wing coalition that its services were no longer required. The center Progressive Party is the winner of the elections, more than doubling its number of MPs. The right wing Independence Party survives, but their leader needs to get into government to maintain hold of party. The Left Green‘s young new leader pushed back to after disastrous polls only two weeks ago, whereas the Social Democrats plummeted to record lows. Two new parties are entering politics, the center party Bright Future, and the Icelandic Pirate Party.