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...
View ArticleIceland 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...
View ArticleIceland 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,...
View ArticleIceland 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....
View ArticleIceland 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...
View ArticleGreenland 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...
View ArticleIcelandic 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...
View ArticleIceland 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...
View ArticleDenmark 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...
View ArticleIceland’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...
View ArticleIceland 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...
View ArticleIcelandic 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....
View ArticleFinland 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...
View ArticleEU 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’...
View ArticleIceland 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...
View ArticleEU 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...
View ArticleIceland 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...
View ArticleIcelanders 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...
View ArticleIceland 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...
View ArticleFaroe 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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