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| Iceland election: Pirate Party set for gains | Iceland election: Pirate Party set for gains |
| (about 4 hours later) | |
| Iceland's anti-establishment Pirate Party is set to make gains from Saturday's parliamentary elections, partial results show. | Iceland's anti-establishment Pirate Party is set to make gains from Saturday's parliamentary elections, partial results show. |
| With about a third of votes counted, the party was in third place with about 13% of the vote. | |
| It would give the Pirates nine seats in the 63-seat parliament. It currently has three. | It would give the Pirates nine seats in the 63-seat parliament. It currently has three. |
| The centre-right Independence Party was in the lead with 30% and the Left-Green Movement second with 16%. | |
| It is still too early to say which party or coalition of parties will be able to form the next government. | It is still too early to say which party or coalition of parties will be able to form the next government. |
| The early election was triggered by the resignation of Prime Minister Sigmundur Gunnlaugsson in April. | The early election was triggered by the resignation of Prime Minister Sigmundur Gunnlaugsson in April. |
| He stepped down in the wake of the leaked Panama Papers which revealed the offshore assets of high-profile figures. | He stepped down in the wake of the leaked Panama Papers which revealed the offshore assets of high-profile figures. |
| The Independence Party has been the junior partner in a coalition government with the Progressive Party. | The Independence Party has been the junior partner in a coalition government with the Progressive Party. |
| The Pirate Party, which was founded in 2012, had said it could be looking to form a coalition with three left-wing and centrist parties. | |
| But as the results came in it looked like neither they nor the two parties in the ruling coalition would be able to form a majority. | |
| The Independence Party and the Pirates have ruled out working together, although correspondents say this could change as negotiations take place in the coming days. | |
| "Our internal predictions showed 10-15% so this (the first results) is at the top of the range," Pirate Party founder and MP Birgitta Jonsdottir told Reuters news agency. | |
| The party won support from many in the wake of Iceland's 2008 financial crisis and the Panama Papers' revelations earlier this year. | |
| It calls for more political transparency, more freedom from copyright restrictions on the internet and more protection of citizens' data. | |
| Opponents, however, say the Pirate Party's lack of political experience could scare off investors and destabilise Iceland's recovering economy. |