Iceland to apply EU membership

ArneHD

Just a little bit mad
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From the BBC:

Iceland moves towards joining EU

Parliament in Iceland has voted by a narrow majority to set in motion an application to join the European Union, after five days of gruelling debate.

Prime Minister Johanna Sigurdardottir of the Social Democrats has also been pushing for the adoption of the euro as the Nordic country's currency.

The bid must now be approved by the EU, after which Iceland's people will be asked to vote on it in a referendum.

Ms Sigurdardottir said that several years of negotiations lay ahead.

EU commission chief Jose Manuel Barroso welcomed the vote, saying Iceland was a "European country with long and deep democratic roots".

Opponents of the bid fear EU quotas could hurt Iceland's fishing industry.

Correspondents say Iceland, with a population of just 320,000, has traditionally been sceptical about joining the EU.

But many people there have warmed to the idea of membership following the devastating economic meltdown which saw the top Icelandic banks collapse in a matter of days last year.

The government will formally submit Iceland's bid to the EU in Brussels on 27 July, at a meeting of its foreign ministers.

Arni Thor Sigurdsson, chairman of the parliamentary committee handling EU issues, told Reuters news agency that Iceland would not be ready to join the EU any earlier than 2013.

Financial woes

Members of the 63-seat Althingi, Iceland's parliament, backed the proposal to start membership talks with the EU by 33 votes to 28, with two abstentions.

Five members of the Left Green party, the Social Democrats' partner in the coalition government, rejected it, AFP news agency reports.

The Social Democrats and the Left Greens formed a government at the end of April following a general election.

Interviewed by Reuters, Prime Minister Sigurdardottir said that Thursday's outcome was "probably the most historic vote in the history of [Iceland's] parliament".

"I sincerely hope and believe that we will end up with an agreement that will help us create the necessary economic stability, ensure prosperity in the long term for both families and businesses," she said.

'Tensions ahead'

Mr Barroso said the Icelandic vote was proof of the "vitality of the European project and indicative of the hope that Europe represents".

“ Despite the outcome of the vote in parliament, I doubt very much that the general population will approve of Iceland joining the EU ”
BBC News website reader Thorunn Sleight, from Reykjavik, Iceland

Iceland's Business Minister, Gylfi Magnusson, believes that euro zone membership would help stabilise the country's currency.

"The main benefits of EU membership at the moment would be the possibility of joining the exchange rate mechanism, and eventually adopting the euro," he told the BBC before the parliamentary vote.

Michael Emerson, a political analyst at the Centre for European Policy Studies, warned that Icelandic entry was not a done deal.

"It remains to be seen whether some issues like fish will prove difficult negotiation points," he said.

"And then we will have to see if the Icelandic people still like the idea. A 'Yes' should not be taken for granted. There'll be tensions."

Your thoughts?
 
This is fantastic news! If we could only get those Norwegians to join...
 
Just what the EU needs! Now less than .1% of your population can hold up the other 99.9!
 
Turkey would probably cause less problems:mischief:

Turkey will never join, so it does not matter. No logical person is of the view that any referendum in Europe will allow that country to join. And in my view that is for the better, for many reasons, not least because Turkey is only on the surface democratic. :)
 
This is excellent, our mighty Parasitic Empire can now leech their seas of fish, their coffers of money and strangle their free market with our excessive bureaucracy. This is another glorious day for the EU and its attempts to destroy freedom everywhere!

/Sarcasm
 
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