Coalition talks led by the Left-Green Movement have broken down after the Progressive Party pulled their support.
Katrín Jakobsdóttir, the leader of the Left-Green Movement, had attempted to form a government made up of the Progressive Party, the Social Democratic Alliance and the Pirate Party. However, the Progressives pulled out of coalition talks citing the small majority that such a government would have in parliament.
It is now thought that Jakobsdóttir will return the mandate to form a government back to the Icelandic President. Independence Party leader Bjarni Benediktsson will likely be the next person to be given the mandate to form a government, and it is now more likely that a coalition of right-wing parties will now result.
However, Independence may also struggle to form a coalition, as it could only form a three-party coalition with the support of the Left-Green Movement, and any coalition that would require the Progressive Party and the newly-formed Centre Party is unlikely to work.