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=== Since 2012 === Iceland's economy stabilized under the government of [[Jóhanna Sigurðardóttir]], and grew by 1.6% in 2012,<ref>{{cite web|url=http://www.statice.is/Pages/444?NewsID=9181 |title=Statistics Iceland – News » News |publisher=Statice.is |access-date=22 September 2012 |url-status=dead |archive-url=https://web.archive.org/web/20121102014336/http://www.statice.is/Pages/444?NewsID=9181 |archive-date=2 November 2012 }}</ref><ref>{{cite news|last=Jolly |first=David |url=https://www.nytimes.com/2010/12/08/business/global/08icecon.html |title=Iceland Recession Ends as Economy Returns to Growth |location=Iceland; Ireland; Greece |newspaper=NYTimes.com |date=7 December 2010 |access-date=17 November 2012}}</ref> but many Icelanders remained unhappy with the state of the economy and government austerity policies; the centre-right [[Independence Party (Iceland)|Independence Party]] was returned to power, in coalition with the [[Progressive Party (Iceland)|Progressive Party]], in the 2013 [[2013 Icelandic parliamentary election|elections]].<ref>{{cite news |title=Iceland vote: Centre-right opposition wins election |url=https://www.bbc.com/news/world-europe-22320282 |work=BBC News |date=28 April 2013}}</ref> In September 2017, the 9-month-old center-right coalition of Prime Minister [[Bjarni Benediktsson (born 1970)|Bjarni Benediktsson]], leader of the Independence Party, collapsed after one party, a small centrist [[Bright Future (Iceland)|Bright Future]], left the government.<ref>{{cite news |last1=independent |first1=Associated Press The Associated Press is an |last2=City |first2=not-for-profit news cooperative headquartered in New York |title=Iceland prime minister resigns; new election expected on Nov. 4 |url=https://www.latimes.com/world/la-fg-iceland-prime-minister-20170916-story.html |work=Los Angeles Times |date=16 September 2017}}</ref> However, the ruling centre-right parties lost their majority after a tight 2017 [[2017 Icelandic parliamentary election|election]].<ref>{{cite news |title=Iceland election: centre-right parties lose majority |url=https://www.theguardian.com/world/2017/oct/29/iceland-election-centre-right-parties-appear-to-lose-majority |work=the Guardian |date=29 October 2017 |language=en}}</ref> On 30 November 2017, [[Katrín Jakobsdóttir]] became Iceland's new prime minister despite the fact her party, [[Left-Green Movement]], came second in the election - behind the Independence Party.<ref>{{cite news |title=Iceland's Left-Green leader Jakobsdóttir becomes new PM |url=https://www.bbc.com/news/world-europe-42175628 |work=BBC News |date=30 November 2017}}</ref> On 1 August 2016, [[Guðni Th. Jóhannesson]] became the new president of Iceland. He was re-elected with an overwhelming majority of the vote in the 2020 [[2020 Icelandic presidential election|presidential election]].<ref>{{cite news |title=Guðni Th. Jóhannesson Reelected President |url=https://icelandmonitor.mbl.is/news/politics_and_society/2020/06/29/gudni_th_johannesson_reelected_president/ |work=Iceland Monitor |date=29 June 2020}}</ref> After the 2021 parliamentary [[2021 Icelandic parliamentary election|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.<ref>{{cite news |title=New Government of Iceland Takes Office |url=https://icelandmonitor.mbl.is/news/politics_and_society/2021/11/29/new_government_of_iceland_takes_office/ |work=Iceland Monitor |date=29 November 2021}}</ref> In April 2024, Bjarni Benediktsson of the Independence party succeeded Katrín Jakobsdóttir as prime minister.<ref>{{cite news |title=This article is more than 8 months old Iceland appoints Bjarni Benediktsson to replace Katrín Jakobsdóttir as PM |url=https://www.theguardian.com/world/2024/apr/10/iceland-conservative-foreign-minister-replaces-jakobsdottir-as-pm |access-date=21 December 2024}}</ref> In June 2024, [[Halla Tómasdóttir|Halla Tomasdottir]] won Iceland’s presidential [[2024 Icelandic presidential election|election]] to become the country’s second female president.<ref>{{cite news |title=Businesswoman Halla Tomasdottir set to become Iceland's next president |url=https://www.aljazeera.com/news/2024/6/2/businesswoman-halla-tomasdottir-set-to-become-icelands-next-president |work=Al Jazeera |language=en}}</ref> In November 2024, centre-left [[Social Democratic Alliance]] became the biggest party in a [[2024 Icelandic parliamentary election|snap election]], meaning Social Democratic [[Kristrún Frostadóttir|Kristrun Frostadottir]] became the next Prime Minister of Iceland.<ref>{{cite news |title=Iceland gets new government under Social Democrat Frostadottir |url=https://www.reuters.com/world/europe/iceland-presents-new-government-with-social-democratic-leader-frostadottir-pm-2024-12-21/ |access-date=21 December 2024}}</ref>
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