Liberal Party (Iceland)

Liberal Party
Frjálslyndi flokkurinn
FounderSverrir Hermannsson
Founded28 November 1998 (1998-11-28)
Dissolved18 March 2012 (2012-03-18)
Split fromIndependence Party
Succeeded byDawn
Ideology
Political positionCentre-right[2]
ColoursBlue and White
Website
xf.is

The Liberal Party (Icelandic: Frjálslyndi flokkurinn) was a liberal political party in Iceland. Its main issue was fisheries policy and it drew its main support from coastal villages.[1]

The Liberal Party was founded by former Independence Party MP Sverrir Hermannsson in 1998. It was founded primarily in opposition to the fishing quota, and became a protest vote.[1] In the following year's election, the party won two seats out of 63. This climbed to four in 2003: a level that was maintained at the 2007 election. However, the party lost all its parliamentary representation in 2009, after a financial crisis hit the country.

The party was a strong supporter of the free market, against subsidies and monopolies, and in favour of civil liberties.[1] It was oriented particularly towards the fishing industry[3] and campaigns for the coastal electorate. It advocated the redistribution of fishing rights, as few big fishing companies had bought up around 70% of all quotas. While Reykjavík-based large-scale fisheries became rich, some coastal villages that were dependent on draught became impoverished.[1] The party decided in March 2012 to merge with the newly formed Dawn.

  1. ^ a b c d e f g Rubart, Frauke (2006). Das Parteiensystem Islands (in German). Wiesbaden: VS Verlag. p. 254. ISBN 978-3-531-14111-4. {{cite book}}: |work= ignored (help)
  2. ^ a b Bjarnason, Magnus (2010). The Political Economy of Joining the European Union: Iceland's Position at the Beginning of the 21st Century. Amsterdam: Amsterdam University Press. p. 52. ISBN 9789056296421.
  3. ^ Rademacher, A.K.; Bätz, C.; Hartmann, K. (2010). Iceland - An Overview: History, Economy, Culture, Educational System (in German). Munich: GRIN Verlag. p. 6. ISBN 9783640768462.