Iceland votes on whether to restart talks on joining EU
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Re: Iceland votes on whether to restart talks on joining EU
#2Re: Iceland votes on whether to restart talks on joining EU
#3Re: Iceland votes on whether to restart talks on joining EU
#4Re: Iceland votes on whether to restart talks on joining EU
#5It's a hard one. I feel the UK were wrong to leave but Norway and Switzerland have a fantastic overall quality of life without and I'm not sure the benefits of membership unless you are financially poor country. Iceland is probably better off joining the Schengen but not EU.
Iceland already heavily integrated into the EU, the only outliers are currency, foreign policy, security, political institutions, customs and some trading sectors like fishing.
Currency (since the exchange rate to the Euro is what sets pricing in Iceland) and security are the reasons many want to get closer.
Re: Iceland votes on whether to restart talks on joining EU
#6It's a hard one. I feel the UK were wrong to leave but Norway and Switzerland have a fantastic overall quality of life without and I'm not sure the benefits of membership unless you are financially poor country. Iceland is probably better off joining the Schengen but not EU.
Re: Iceland votes on whether to restart talks on joining EU
#7As noted in the article, Iceland's fishing industry makes up something like 40% of their exports. Which is the only way a tiny island nation can afford essential imports. On top of that, Icelandic fishing is apparently carefully regulated to prevent overfishing, with the result that it is supposedly one of the few truly profitable fisheries in the world.
So maintaining control over their own fisheries may be a survival-level issue for Iceland.
On the other hand, they have a tiny population, no ability to defend themselves, and membership in the fraying NATO military alliance. So I can see why they're debating this issue. Aligning themselves more tightly with Europe doesn't fix their problems, but I can also see not wanting to go it alone.
Re: Iceland votes on whether to restart talks on joining EU
#8[flagged]
Re: Iceland votes on whether to restart talks on joining EU
#9Re: Iceland votes on whether to restart talks on joining EU
#10It's a hard one. I feel the UK were wrong to leave but Norway and Switzerland have a fantastic overall quality of life without and I'm not sure the benefits of membership unless you are financially poor country. Iceland is probably better off joining the Schengen but not EU.