REYKJAVIK, Iceland (AP) — 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."
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.