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==Political parties and the elections== {{elect|List of political parties in Iceland|Elections in Iceland}} After four four-year terms as the world's first elected woman president, the widely popular [[Vigdís Finnbogadóttir]] chose not to run for re-election in 1996.<ref>{{Cite journal|last=Kristinsson|first=Gunnar Helgi|date=1996-11-01|title=The presidential election in Iceland 1996|journal=Electoral Studies|volume=15|issue=4|pages=533–537|doi=10.1016/s0261-3794(96)80470-7}}</ref> More than 86% of voters turned out in the 29 June 1996 presidential elections to give former leftist party chairman [[Ólafur Ragnar Grímsson]] a 41% plurality and relatively comfortable 12% victory margin over the closest of three other candidates. Traditionally limited to 6–12 weeks, Iceland's campaign season was marked by several intensely personal attacks on Ólafur Ragnar, a former finance minister who tried to erase memories of his controversial support of inflationary policies and opposition to the [[United States|U.S.]] military presence at the [[NATO]] base in [[Keflavík]]. Ólafur Ragnar successfully used his largely ceremonial office to promote Icelandic trade abroad and family values at home. The [[2020 Icelandic presidential election|last presidential elections]] took place on 27 June 2020. The [[2021 Icelandic parliamentary election|last parliamentary elections]] took place on 25 September 2021. A three-party coalition was formed following the [[2017 Icelandic parliamentary election|2017 parliamentary elections]] by the [[Independence Party (Iceland)|Independence Party]] (''Sjálfstæðisflokkurinn''), the [[Progressive Party (Iceland)|Progressive Party]] (''Framsóknarflokkurinn'') and the [[Left-Green Movement]] (''Vinstrihreyfingin – grænt framboð''). These political parties were again the three largest in Iceland after the latest elections and subsequently continued the coalition for another term.<ref>{{Cite web |date=2021-11-28 |title=From Iceland — Iceland's New Government Announced |url=https://grapevine.is/news/2021/11/28/icelands-new-government-announced/ |access-date=2022-03-10 |website=The Reykjavik Grapevine}}</ref> This was the first time since 2009 in which existing coalition is renewed in Iceland.<ref>{{Cite web |last=Fernando Casal Bertoa |title=Government coalition survives in Iceland – for the first time since the bank crash of 2008 |url=https://whogoverns.eu/government-coalition-survives-in-iceland-for-the-first-time-since-the-bank-crash-of-2008/ |access-date=2022-03-10 |website=Who Governs Europe}}</ref> A total of 203,898 votes were cast consulting 80.1% of the 254,681 electorates.<ref>{{Cite web |title=Úrslit Alþingiskosninga 2021 |url=https://www.mbl.is/frettir/kosningar/results/ |access-date=2022-03-10 |website=mbl.is |language=is}}</ref>
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