Posted by seumasach on February 24, 2009
The Euro is a crucial question for Iceland given the immense vulnerability of the their currency, the Krona. There is nothing “independent” about an Iceland at the mercy of the IMF and international speculators.
Iceland’s Left-Green Movement has taken a “clear and conclusive” stance against the country joining the European Union, and is using its position in the country’s interim coalition government to make sure it does not happen.
Posted in Revolution in Iceland | Tagged: Iceland into Euro, Revolution in Iceland | Leave a Comment »
Posted by seumasach on January 30, 2009
30th January, 2009
EU officials have announced that Iceland’s application for EU membership could be expedited in an effort to save the nation from financial ruin. In a process that normally takes years or even decades, Iceland could become the 29th member of the EU as early as 2011.
EU Central Bank, Frankfurt, Germany. Copyright: Icelandic Photo Agency.
Posted in Revolution in Iceland | Tagged: bankrupt iceland, Iceland into Euro, Iceland out of NATO, Revolution in Iceland | Leave a Comment »
In These New Times 