The 
Althing (
Icelandic: 
Alþingi) 
Iceland's General Assembly, was founded in 
930 at Þingvellir, (literally Parliament Plains), situated 45 kilometers to the east of the capital, 
Reykjavík. The Althing held its sessions at Þingvellir until 
1799, when it was discontinued for a few decades, i.e. until it was restored in 
1844 and moved to Reykjavík, where it has resided ever since. The present house of the parliament, the 
Alþingishús[?], was built in 
1881, of Icelandic hewn stone.
Unbeknownst to the ancient participants of Alþingi, Þingvellir is located between the rims of the American and the European continental plates[?] - a fine symbol of Iceland's position today having strong ties towards both the old and the new world.
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