Iceland Gives EU the Cold Shoulder

Deutsche Welle reported quietly yesterday:  Iceland withdraws EU accession bid

Foreign Minister Gunnar Bragi Sveinsson said that the subject was off the table. And the differences are about a lot more than just fishing. It’s also about sovereignty and not getting caught up in somebody else’s mess.

Iceland was able to recover from the financial crash of 2008 because it could do what suited Iceland. Including the prosecution of bankers. It did not have to please anybody else, nor were its internal economics excessively tied to the policies of other countries. (see e.g. Spiegel and Forbes)

The Deutsche Welle report points out that this means little inconvenience for Icelanders:

Iceland is still a member of the European Free Trade Association (EFTA) – along with Norway, Switzerland, and Liechtenstein – and the European Economic Area (EEA), working closely alongside the EU without being part of it. It also signed the Schengen Agreement, allowing the free movement of citizens through most EU nations as well as Norway.

Advertisements
This entry was posted in Securing Liberty and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s