Market
Icelandic coalition government stability through 2025?
2
Iceland•Social Democratic Party•Kristrún Frostadóttir•Social Democrats•Icelandic•Þorgerður Katrín Gunnarsdóttir•Affairs
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Icelandic government or credible news sources such as Iceland Review or RÚV
Story
Iceland Forms New Coalition Government Led by Youngest Prime Minister Kristrún Frostadóttir After Securing 20% of Votes
Dec 21, 2024, 03:30 PM
Iceland's Social Democratic Party has successfully formed a new ruling coalition with two junior partners, following a parliamentary election held three weeks prior. Kristrún Frostadóttir, at 36 years old, has been appointed as the new Prime Minister, making her the youngest leader in Iceland's history. The coalition agreement was announced after the Social Democrats secured approximately 20% of the votes in the recent election. The new government features a cabinet with more women than men for the first time, highlighting a shift towards greater gender representation in Icelandic politics. Additionally, Þorgerður Katrín Gunnarsdóttir has been appointed as the Minister for Foreign Affairs.
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