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REYKJAVIK, Iceland – In a dramatic about-face, Icelandic voters have returned to power the center-right parties that led the national economy to collapse five years ago.
With most votes counted early Sunday, the Independence and Progressive Parties — who governed Iceland for decades before the 2008 crash — each had 19 seats in Iceland's 63-seat parliament, the Althingi.
The parties, who promise to ease Icelanders' economic pain with tax cuts and debt relief, are likely to form a coalition government.
Voters shunned the Social Democrat-led coalition that has spent four years trying to turn the country around with painful austerity measures. The Social Democrats took nine seats and coalition partners the Left-Greens seven.
Independence Party leader Bjarni Benediktsson says voters opted for "a plan that would bring us quicker out of the crisis."