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Parliamentary elections were held in Iceland on 25 June 1978. The Independence Party remained the largest party in the Lower House of the Althing, winning 14 of the 40 seats. Following the election a coalition was formed between the People's Alliance, Social Democratic Party and the Progressive Party with Ólafur Jóhannesson as Prime Minister.
Results
a The Independent Voters in the West Fjords was a breakaway from the Union of Liberals and Leftists.
b The Independent Voters in the South was a breakaway from the Independence Party.
References
Icelandic parliamentary election, 1978 Wikipedia(Text) CC BY-SA