Viðreisn Politicians
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Viðreisn Politicians
Viðreisn (), officially known in English as the Liberal Reform Party, is a liberal political party in Iceland positioned on the centre to centre-right of the political spectrum. The party was founded on 24 May 2016 but it had existed as a political network since June 2014. It split from the Independence Party, mainly over discontent with its decision to not hold a referendum on joining the European Union and the lack of support for free trade. The party supports Icelandic EU membership, and reform of agricultural subsidies and protective excise taxes on foreign produce. Viðreisn is in favor of a publicly financed welfare state. It supports pegging the króna to another currency, such as the euro, through a currency board as a plan to lower interest rates. Its healthcare policy aims at reducing the patient's share of healthcare costs. Viðreisn has been assigned the list letter C.Hólmfríður GísladóttirE, F, N, O, P, U, X, Y, Æ og Ö ''Morgunblaðið'' (June 7, 2016). ...
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Þorgerður Katrín Gunnarsdóttir
Þorgerður Katrín Gunnarsdóttir (born 4October 1965) is an Icelandic politician, who has been chairwoman of Viðreisn since 2017. Þorgerður was deputy chairwoman of the Independence Party from 2005 to 2010. She was the Minister of Education, Science and Culture from 31 December 2003 to 1 February 2009. From 2006, Þorgerður served as acting Prime Minister in the absence of Geir Haarde, including during his 2009 cancer treatment. She left the Independence Party in 2016 and joined the newly founded Viðreisn and became its chairman the following year. She was Minister of Fisheries and Agriculture in 2017. Education Þorgerður Katrín took stúdentspróf from Menntaskólanum við Sund in Reykjavík 1985. In her final year she was elected Chairman (Ármaður) of the School Association as the second woman to serve in this position. She subsequently studied law at the University of Iceland and served as a board member in Orator, the Law Students' Society. Business career ...
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Free Trade
Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold Economic liberalism, economically liberal positions, while economic nationalist political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. States can unilaterally reduce regulations and duties on imports and exports, as well as form bilateral and multilateral free trade agreements. Free trade areas between groups of countries, such as the European Economic Area and the Mercosur open markets, establish a free trade zone among members while creating a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are intended to support local employment, such as applying tariffs to imports or Subsidy, subsidies to exports. Governments may ...
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Cabinet Of Bjarni Benediktsson (2017)
The Cabinet of Bjarni Benediktsson, nicknamed “''The DAC government''” () or “''The Kópavogur government''” (), was formed on 11 January 2017, following the 2016 parliamentary election. The cabinet was led by Bjarni Benediktsson of the Independence Party, who served as Prime Minister of Iceland. The cabinet was a coalition government consisting the Independence Party, Viðreisn and Bright Future. Together they held 32 of the 63 seats in the Parliament of Iceland and served as a majority government. In the cabinet, there were eleven ministers where six were from the Independence Party, three were from Viðreisn and two were from Bright Future. Cabinet See also *Government of Iceland *Cabinet of Iceland The Cabinet of Iceland () is the collective decision-making body of the government of Iceland, composed of the Prime Minister of Iceland, Prime Minister and the Minister (government), cabinet ministers. History The Cabinet of Iceland is conside ... Reference ...
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Benedikt Jóhannesson
Benedikt Jóhannesson (born 4 May 1955) is an Icelandic publisher, businessman and politician. He is the founder and former chairman of Viðreisn and served as Iceland's Minister of Finance from 11 January 2017 to 30 November 2017. Benedikt is the CEO of publishing company Heimur, in which he owns 73.5% of the shares. He has run this company since 2000. He holds a Ph.D. in Statistics and Mathematics from Florida State University. He has also run the consulting company Talnakönnun, a firm specialising in data analysis, since 1983. He has been a board member of some of Iceland's largest companies and published a collection of short stories. He is the publisher of a weekly newsletter on Icelandic business and economics called '' Iceland Review''. In June 2014 he founded Viðreisn as a political network after leaving the Independence Party. Benedikt made it a political party 24 May 2016 with him as chairman. He was elected to the Althing for the Southwest Constituency in the 201 ...
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Althing
The (; ), anglicised as Althingi or Althing, is the Parliamentary sovereignty, supreme Parliament, national parliament of Iceland. It is the oldest surviving parliament in the world. The Althing was founded in 930 at ('Thing (assembly), thing fields' or 'assembly fields'), about east of what later became the country's capital, Reykjavík. After Iceland's union with Norway in 1262, the Althing lost its legislative power, which was not restored until 1904 when Iceland gained home rule from Denmark. For 641 years, the Althing did not serve as the parliament of Iceland; ultimate power rested with the Norwegian, and subsequently the Danish throne. Even after Iceland's union with Norway in 1262, the Althing still held its sessions at until 1800, when it was discontinued. It was restored in 1844 by royal decree and moved to Reykjavík. The restored Unicameralism, unicameral legislature first came together in 1845 and after 1874 operated in Bicameralism, two chambers with an addition ...
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2016 Icelandic Parliamentary Election
Parliamentary elections were held in Iceland on 29 October 2016. They were due to be held on or before 27 April 2017, but following the 2016 Icelandic anti-government protests, the ruling coalition announced that early elections would be held "in autumn". The Independence Party emerged as the largest in the Althing, winning 21 of the 63 seats; the Progressive Party, which had won the most seats in 2013, lost more than half its seats as it was overtaken by the Left-Green Movement and the Pirate Party. Of the 63 elected MPs, 30 were female, giving Iceland the highest proportion of female MPs in Europe.Iceland elections leave ruling centre-right party in driving seat
The Guardian, 30 October 2016
A new coalition was formed on 10 Janu ...
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Morgunblaðið
''Morgunblaðið'' (, ''The Morning Paper'') is an Icelandic daily newspaper. ''Morgunblaðið''s website, mbl.is, is the most popular website in Iceland. It is currently the country's only daily printed newspaper and the newspaper of record. History ''Morgunblaðið'' was founded by Vilhjálmur Finsen and Ólafur Björnsson, brother of Iceland's first president, Sveinn Björnsson. The first issue, only eight pages long, was published on 2 November 1913. On 25 February 1964, the paper first printed a caricature by Sigmúnd Jóhannsson which featured the first landings on Surtsey. He became a permanent cartoonist for ''Morgunblaðið'' in 1975 and worked there until October 2008. In a controversial decision, the owners of the paper decided in September 2009 to appoint Davíð Oddsson, a member of the Independence Party, Iceland's longest-serving Prime Minister and former Governor of the Central Bank, as one of the two editors of the paper. In May 2010, Helgi Sigurðsson w ...
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Currency Board
In public finance, a currency board is a mechanism by which a monetary authority is required to maintain a fixed exchange rate with a foreign currency by fully backing the commitment with foreign holdings, or reserves. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target. Although a currency board is a common (and simple) way of maintaining a fixed exchange rate, it is not the only way. Countries often keep exchange rates within a narrow band by regulating balance of payments through various capital controls, or though international agreements, among other methods. Thus, a rough peg may be maintained without a currency board. History In colonial administration, currency boards were popular because of the advantages of printing appropriate denominations for local conditions, and it also benefited the colony with the seigniorage revenue. The first such case was the Board of Commissioners of Currency of ...
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Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ...
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Icelandic Króna
The króna () or krona (sometimes called Icelandic crown; currency sign, sign: kr; ISO 4217, code: ISK) is the currency of Iceland. One króna was formerly divided into 100 eyrir (plural "aurar"). Name Like the other Nordic countries, Nordic currencies (such as the Danish krone, Swedish krona and Norwegian krone) that participated in the historical Scandinavian Monetary Union, the name ''króna'' (meaning ''crown'') comes from the Latin language, Latin word ''wiktionary:corona, corona'' ("crown"). The name "Icelandic crown" is sometimes used alternatively, for example in the financial markets. First krona, 1874–1981 The Danish krone was introduced to Iceland in 1874, replacing the earlier Danish currency, the Danish rigsdaler, rigsdaler. In 1885, Iceland began issuing its own banknotes. The Icelandic krona separated from the Danish krone after the dissolution of the Scandinavian Monetary Union at the start of World War I and Icelandic sovereignty from Denmark in 1918. The ...
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Fixed Exchange Rate System
A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold or silver. There are benefits and risks to using a fixed exchange rate system. A fixed exchange rate is typically used to stabilize the exchange rate of a currency by directly fixing its value in a predetermined ratio to a different, more stable, or more internationally prevalent currency (or currencies) to which the currency is pegged. In doing so, the exchange rate between the currency and its peg does not change based on market conditions, unlike in a floating (flexible) exchange regime. This makes trade and investments between the two currency areas easier and more predictable and is especially useful for small economies that borrow primarily in foreign currency and in which external trade forms a large ...
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Welfare State
A welfare state is a form of government in which the State (polity), state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity, equitable distribution of wealth, and public responsibility for citizens unable to avail themselves of the minimal provisions for a good life. There is substantial variability in the form and trajectory of the welfare state across countries and regions. All welfare states entail some degree of Public–private partnership, private–public partnerships wherein the administration and delivery of at least some welfare programs occur through private entities. Welfare state services are also provided at varying territorial levels of government. The contemporary capitalist welfare state has been described as a type of mixed economy in the sense of state interventionism, as opposed to a mixture of planning and markets, since economic p ...
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