Iceland minister: Must look at all options, including EU
Posted by smeddum on October 13, 2008
Iceland minister: Must look at all options, including EU
Mon Oct 13, 2008
REYKJAVIK (Reuters) – A key Icelandic minister long opposed to joining the European Union said on Monday that given the current financial turmoil, the country had to consider every option, including a shift in that stance.
Fisheries Minister Einar Gudfinnsson said on Icelandic radio: “It’s no secret, I’ve been against membership. However, the current turmoil means we have to look at every option.”
Many Icelandic citizens and politicians have in recent years advocated joining the euro currency, a step that requires EU membership first. But the fishing industry has long been fearful of joining the trading bloc on the grounds it could lead to fishing concessions.
In These New Times 
financial crisis expert said
Iceland will be a first test case for the winners and the losers
Clearly, the country will show us where most economies are heading to!