3 days ago

Iceland Rejects Restarting EU Talks in Close-Fought Referendum

Iceland Rejects Restarting EU Talks in Close-Fought Referendum
Icelanders edge closer to ‘no’ on EU-accession talks, vote count ongoing · theprint.in

Iceland held a vote about whether to restart talks on joining the European Union.

Most voters chose not to restart the talks.

The result was close, with 52.8% voting no and 47.2% voting yes.

About 82.5% of eligible voters took part.

Supporters thought EU membership might help with expensive mortgages and living costs.

They also said being in the EU could give Iceland more protection during trade and security problems.

Opponents worried that Iceland could lose some independence and control over its fishing waters.

Because the vote was against restarting talks, the government’s proposal will not move forward now.

Key facts

Referendum result
52.8% opposed restarting EU-accession talks; 47.2% supported the proposal.
Turnout
82.5% of eligible voters, according to Icelandic media reports.
Population
Iceland has about 400,000 people.
Interest rates
Iceland’s central bank interest rate was reported at 8%, compared with 2.25% at the European Central Bank.
Earlier EU application
Iceland applied to join the EU in 2009; a Eurosceptic government ended negotiations in 2013.
Potential negotiations
A foreign ministry memo estimated talks could begin by the end of 2026 and last 18 to 24 months if voters approved reopening them.
Further referendum
Even if negotiations had restarted, Icelandic law would have required a later referendum on actual EU membership.

Quotes

Ragnhildur Skarphedinsdottir

A 70-year-old Icelandic voter who opposed reopening EU membership talks

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

Sources

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