Liberal Party Frjálslyndi flokkurinn | |
---|---|
Founder | Sverrir Hermannsson |
Founded | 28 November 1998 |
Dissolved | 18 March 2012 |
Split from | Independence Party |
Succeeded by | Dawn |
Ideology |
|
Political position | Centre-right[2] |
Colours | Blue 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.
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