Independence Party (Iceland)

Established on 25 May 1929, the Independence Party was founded through a merger of the Conservative Party (1924) and the Liberal Party (1925). It readopted the name of the historical Independence Party, which had split between the Conservatives and Liberals in 1927. The fusion of the Icelandic conservative and liberal parties resulted in the ascension of the Independence Party to prominence, firmly establishing it as the primary non-socialist force in Scandinavian politics. The Independence Party has long been dominated by the "Octopus," a group of fourteen families that constitute the country's economic and political elite. Favoured by the electoral system and indirectly controlling the majority of the media, it remains Iceland's largest party, usually winning more than a third of the vote in parliamentary elections. The Independence Party won the 2007 elections, increasing its seat tally in the Althing by three. It formed a new coalition government under Geir Haarde with the Social Democratic Alliance, after the Progressive Party lost heavily in the elections. In the 2009 elections, the party dropped from 25–26 to 16 seats in the Althing, becoming Iceland's second-largest party following the Social Democratic Alliance (which gained two seats, to 20). The Independence Party re-entered government after the general elections in 2013, gaining 19 seats in parliament and the most votes again becoming Iceland's largest party. The Independence Party hence formed a majority government with the Progressive Party with Bjarni becoming Minister of Finance and Economic Affairs under the premiership of Sigmundur Davíð Gunnlaugsson chairman of the Progressive Party. The government coalition was ended after the Panama Papers revealed that Sigmundur Davíð Gunnlaugsson, Bjarni Benediktsson and other known members of the Independence Party held funds in offshore bank accounts. The general election in 2016 yielded a government consisting of the Independence Party, Bright Future and Viðreisn. With the Independence Party holding 21 seats in Parliament. That government then proceeded to fall apart due to Bjarni Benediktsson's father's ties to a convicted child sex offender that had his criminal records cleared by the Minister of the interior, an Independence Party MP. After the general elections 2017, called after much backlash from this decision, the Independence party formed a new government with the Left-Green Movement and the Progressive Party. The Independence Party had 17 seats in Parliament. After the 2021 parliamentary election, the new government was, just like the previous government, a tri-party coalition of the Independence Party, the Progressive Party and the Left-Green Movement, headed by Prime Minister Katrín Jakobsdóttir of Left-Green Movement. In April 2024, Bjarni Benediktsson replaced Katrín Jakobsdóttir as prime minister. Shortly thereafter, the Left-Green Movement pulled out of the government, and new elections were held in November 2024. The Independence Party received its worst result ever, returning just 14 representatives to the Althing on just 19% of the vote, both the lowest totals in party history. Due to the fractured opposition, however, the Independence Party still finished second in terms of total votes and total seats. ==Ideology and platform==

The Independence Party has been described as conservative and conservative-liberal. The party has been the sole major politically right-leaning party in Iceland since its inception, and has captured a broad cross-section of centre-right voters. As a result, the party is not as far to the right as most right-wing parties in other Nordic countries, serving as a 'catch-all' party. The party, like the British Conservatives, states a claim to be primarily 'pragmatic', as opposed to ideological, and its name is seen as an allusion to being independent of dogma (with the original meaning, promoting independence from Denmark, having been achieved long ago). For most of its period of political dominance, the party has relied upon coalition government, and has made coalitions with many major parties in parliament. The Independence Party has generally been economically liberal and advocated limited government intervention in the economy. The party is liberal concerning social issues and has historically been less conservative than other centre-right parties in Scandinavia. ==Organisation and support==

Historically, the party has been the most successful liberal conservative party in the Nordic countries. The Independence Party support is mostly found in the South and Southwest. The Independence Party has always attempted to avoid appealing to a specific social class. As such, the party is relatively successful at attracting working-class voters, However, most of its strength is in the middle class, and the party is disproportionately supported by those on high incomes and those with university educations. Davíð Oddsson, Iceland's longest-serving Prime Minister and former leader of the Independence Party, is one of two editors of the paper. The party was also historically supported by the afternoon newspaper Vísir, now part of DV. The Commonwealth Party split in 1941, while the Republican Party left in 1953, both in opposition to the leftwards shift of the party away from classical liberalism. The party has a very large membership base, with 15% of the total population being a member of the party. ==International relations==

For years, the Independence party has been a member of the International Democracy Union; the Union includes comparable parties such as the Conservative Party (Norway), Moderate Party (Sweden), The Republicans (France), the National Coalition Party (Finland), and the Christian Democratic Union (Germany). In 2011, the party joined the European Conservatives and Reformists Party, a centre-right Eurosceptic political organisation, but withdrew in 2021. In September 2023, it joined the pro-EU European People's Party as an associate member. ==Election results==