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A new paradigm for a post-imperial world

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.

One Response to “Iceland minister: Must look at all options, including EU”

  1. 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!

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