3 days ago

Iceland Rejects EU Talks, Putting Membership Debate On Ice

Iceland Rejects EU Talks, Putting Membership Debate On Ice
Iceland votes ‘No’ to EU membership talks in blow to Brussels, puts issue on ice until 2028 · firstpost.com

Iceland held a vote about whether to start talking again about joining the European Union.

Most voters said no.

The final result was 52.8% against restarting talks and 47.2% in favour.

Many opponents worried that joining the EU could reduce Iceland’s control over its fishing waters.

Fishing is very important to Iceland’s economy and national identity.

Supporters thought EU membership might help lower high interest rates and make the country more secure.

They also pointed to conflicts and tensions near the Arctic.

Iceland already works closely with the EU through the European Economic Area and the Schengen Area.

The government says it will respect the vote, so the membership question is expected to stay paused until at least 2028.

Key facts

Referendum result
52.8% voted against restarting EU talks and 47.2% voted in favour.
Voters
Around 265,000 eligible voters were asked whether negotiations should resume.
Referendum status
The vote was technically non-binding, but the government said it would respect the outcome.
Fishing opposition
About 90% of companies in Iceland’s fisheries sector reportedly opposed EU membership.
Interest rates
Iceland’s central-bank interest rate was reported as 8%, compared with 2.25% at the European Central Bank.
Membership history
Iceland applied to join the EU in 2009, and negotiations were halted in 2013.
Political outlook
Frostadóttir said the EU issue would not return to the political agenda during her current term, which runs until 2028.
Existing ties
Iceland is part of the European Economic Area and the Schengen Area.

Quotes

Gudrun Hafsteinsdottir

Iceland’s opposition leader and leader of the no campaign

“These are not problems that Brussels will solve for us. These are problems that Icelandic politicians must solve”
theprint.in
“It would not solve Iceland‘s structural faults, but it could become a catalyst to a more healthy economy”
theprint.in

Sources

Related news