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Iceland central bank: euro adoption depends on Eurozone crisis

The head official of Iceland’s central bank has said that whether or not his country adopts the euro will depend on the outcome of the current eurozone crisis. Governor Mar Gudmundsson said on behalf...

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Iceland readying for euro transition

Icelandic officials are readying the country to phase out the krona once current capital controls are lifted, according to reports. Katrin Juliusdottir, Iceland’s new finance minister, told the...

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Iceland EU bid moves forward despite opposition

Iceland’s efforts to join the European Union have taken another step forward, despite the continuing opposition of many Icelanders. Tuesday 18th December saw split opinions in the country’s government,...

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Iceland suspends EU accession effort

Iceland has suspended talks about its bid to join the European Union until after the upcoming election. The announcement from coalition officials in Reykjavik came via the official government website....

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Iceland envoy: EU talks are not dead

Iceland’s ambassador to the European Union has said that accession talks have simply been delayed, rather than suspended. The comments came via a statement issued by ambassador Thorir Ibsen in Brussels...

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Greenland denies EU’s rare earth limits

Greenland’s premier has said that the EU won’t be given preference over China as the country seeks to exploit its rare earths deposits. Prime Minister Kuupik Kleist told the media “All are welcome if...

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Icelandic fishing industry unaffected by sanctions

The threat of EU sanctions against Iceland over the North Atlantic mackerel dispute has had little effect on the Icelandic fishing industry, according to reports. Both Iceland and the Faroe Islands...

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Iceland MP: opting out of EU accession will be ‘very costly’

A prevalent MP in Reykjavik has said that Iceland will suffer if the country abandons its effort to join the European Union. The comments came via MP Arni Pall Arnason, who also chairs the Icelandic...

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Denmark might opt out of Europol

A reform process of the European Police Agency might have the unintended effect of losing Denmark as a participating member.  According to the Copenhagen Post, efforts by European Commission (EC) to...

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Iceland’s opposition wins election, Social Democrats swept out of Parliament

Iceland’s Centre-right opposition parties return to power in Iceland following Saturday’s parliamentary election. The Independence Party (Sjáfstæðisflokkurinn, conservative) and the Progressive Party...

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Iceland opts out of joining EU

Iceland has withdrawn its bid to join the European Union, announced its foreign minister Gunnar Bragi Sveinsson. Three weeks after being installed in his position by the newly elected Icelandic...

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Icelandic PM: EU fishing dispute shows importance of independence

Iceland Prime Minister Sigmundur Davíð Gunnlaugsson has said that the country’s dispute with the European Union over its mackerel quota is the perfect example of the importance of sovereignty....

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Finland supports EU flavored tobacco product ban

The Finnish government has stated that it supports an EU proposal to ban flavored tobacco products such as menthol cigarettes. EU health ministers approved the proposal, which will now be negotiated by...

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EU to place sanctions on Iceland over mackerel catch

The EU is finally ready to place sanctions on Iceland over its increasing catch of mackerel and herring that have led to concerns of over-fishing. The move is significant in the ongoing ‘mackerel wars’...

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Iceland moves further away from joining EU

Icelandic Foreign Minister Gunnar Bragi Sveinsson announced last Thursday that the North Atlantic nation had suspended European Union accession discussions indefinitely, on the back of a promise made...

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EU bureaucrats aim at Danish buns

Denmark’s food bureau stated on Monday that it plans to comply with European Union rulings on the country’s signature cinnamon rolls. The EU has targeted what Danes call kanelsnegler. The commission...

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Iceland EU talks: more than 80% support referendum

More than 80 per cent of Icelanders feel the government should ask their opinion in a referendum before deciding to break off EU membership talks, revealed a recent survey. The North Atlantic nation...

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Icelanders continue protests over EU membership referendum

Angry Icelanders have continued their protests against the government going back on its campaign promise to allow citizens to vote on whether the country joins the EU. Some 21 per cent (around 51,000...

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Iceland postpones plans to abandon EU bid

Iceland has put its plans to drop its European Union membership application on hold, its government revealed on Monday. The North Atlantic nation’s centre-right government has been opposed to Iceland...

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Faroe Islands and EU resolve herring crisis

The European Union and the Faroe Islands have come to an agreement to settle a herring dispute, with the EU ready to drop sanctions it had imposed on the northeast Atlantic island nation. Last year,...

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