(Bloomberg) — Icelanders are heading to the voting booths in a snap parliamentary election on Saturday that looks poised to redraw the political landscape due to discontent over high costs of living even amid a cooling economy.
Issues including elevated inflation, housing shortages and long hospital queues after a post-pandemic boom have dominated the short campaign following the dissolution of the ruling coalition last month. Even as the island’s central bank last month started easing the highest interest rates since 2009, the voters’ frustration is set to benefit the opposition.