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. Last Updated: 07/27/2016

Iceland Retains Regime

REYKJAVIK, Iceland -- Helped by a thriving economy, Prime Minister David Oddsson's coalition government coasted to a comfortable win in parliamentary elections over the weekend.

Oddsson's right-wing Independence Party won 40.8 percent of the vote in Saturday's ballot, gaining one seat to give it 26 of the 63 seats in the Althingi, Iceland's unicameral parliament.

Oddsson's coalition partners, the agrarian-based, centrist Progressive Party, led by Foreign Minister Halldor Asgrimsson, fared less well, seeing its share of the seats cut by three to 12.