The Icelanders crunch tired of the overthrow of the ruling Social Democratic Party after the election on Saturday to draw presided over the country's financial crisis five years ago, from the center-right tax cuts and debt relief commitments.
Commitment to restoring faded quickly, voters were angered fixed mortgage debt, rapid inflation and weaken capital controls, to maintain investment reached a record low.
"For me, this election, said:" My daughter can keep her house or Thierry Steinthorsdottir, aged 55, who runs a small bed and breakfast Roca Watts, 30 kilometers (20 miles) Reykjavik not east of grams.
Crash wiped out the entire equity interest in her house, she is now a week for 70-80 hours and has three children, just to keep up with payments, this can not go on. "
With a population of 320,000, Iceland became the financial center of Europe, 10 years ago, when the bank borrowed money is cheap, to lure depositors high returns in the United Kingdom and the Netherlands.
Not selected a relaxed regulatory regime to grow and expand to 10 times Iceland's gross domestic product (GDP) by the bank in 2008, and then crashed in the day, when the credit markets froze after the bankruptcy of Lehman Brothers.
Second, real estate prices plummeted more than 50%, in some cases, while real wages fell by nearly 30%, mortgage loans, often linked to inflation soared.
Opinion polls in favor Bjarni the Benedictine Patterson Chairman of the Independence Party, to become the next prime minister, he spent the last minute lead from Sigmundur Gunnlaugsson DPP. Social Democratic Party, despite the delay poll income is expected to be in a distant third.
Leading parties are not likely to win a majority, leaving progress and independent form an alliance. Two LED Iceland, often together for nearly 30 years before the crash, within the party that an alliance is a done deal.
Iceland's 235,000 eligible voters will cast her vote shortly after the polls closed, and the first results are expected from 0900 GMT to 2200 GMT.
"This election is around the mortgage debt, said:" political commentator Egill Helgason from the Icelandic national broadcaster RUV. "Progress has promised the world and then some."
Focus on force foreign creditors of the bankrupt banks to take write-downs of their commitment to the family of the cash may be the only obstacle.
: "Benedict Patterson, 43, said:" The last election is past and the responsibility of the crisis, early voting.
Former professional football player, said: "We have seen our health care system and social welfare cuts have done what people realize that we just can not cut more balanced budget,".
A respectable 2.6% in 2011, economic growth slowed to 1.8% last year, it was predicted that this year will slow further lack of investment re-output.
 



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