We are not very socialistic if you mean that by red. Davíð Oddson our PM is the longest serving PM in Europe (13 years) due to quit as PM in few months after very succesful time. He is also the head of the conservative-liberal right wing party The Independence party.
Iceland, Poland and the Czech Republic are lining up to be Europe's "red" states as the Bush states are in the US of A. Looks like we are growing in the same values.