Tuesday

22nd Aug 2017

Iceland leader snubs EU membership

  • According to polls, 25 percent of Icelanders support EU accession. (Photo: smcgee)

Iceland’s bid to join the EU has come to an end, Iceland’s centre-right independence party leader Bjarni Benediktsson has said.

The eurosceptic politician made the statement in an interview with Icelandic news outlet mbl.is on Tuesday (21 May).

Thank you for reading EUobserver!

Subscribe now and get 40% off for an annual subscription. Sale ends soon.

  1. €90 per year. Use discount code EUOBS40%
  2. or €15 per month
  3. Cancel anytime

EUobserver is an independent, not-for-profit news organization that publishes daily news reports, analysis, and investigations from Brussels and the EU member states. We are an indispensable news source for anyone who wants to know what is going on in the EU.

We are mainly funded by advertising and subscription revenues. As advertising revenues are falling fast, we depend on subscription revenues to support our journalism.

For group, corporate or student subscriptions, please contact us. See also our full Terms of Use.

If you already have an account click here to login.

The 43-year old Benediktsson is in discussion to shape a new government with the centrist progressive party, following elections on 27 April. The progressives also oppose joining the EU.

Benediktsson’s party won 26.5 percent of the vote, giving it 19 seats in the 63-seat parliament. The progressives obtained 24.4 percent and 19 seats. The ruling social democrats won 13.5 percent of the votes and nine seats.

It is not the first time that the independence party has a role at the government helm.

The party was involved in every government between 1991 and 2009.

While in power, the centre-right party pushed to privatise the banks and liberalise the financial sector.

It was in office when Iceland’s commercial banks collapsed in 2008, leaving the country with massive debts. The bank liabilities were worth around 10 times more than its GDP.

The independence party was replaced by the social democrats who applied for EU membership in July 2009. The social democrats also asked for a $2 billion loan in 2009 from the International Monetary Fund (IMF) to help cover debts.

Formal EU entry negotiations started a year later.

Since then, it has closed about a third of the 33 negotiation chapters in the EU's body of legislation, known as the acquis communautaire.

The outgoing social democrats had argued that joining the EU would provide long-term security. But the April election is viewed as a vote against EU membership with only 25 percent of Icelanders supporting EU accession, according to polls.

Iceland already enjoys a high degree of integration with the EU. It participates in the single market and applies a number of EU laws.

It is a member of the border free Schengen area, the European economic area, the European free trade association, and the North Atlantic Treaty Organisation (Nato).

It has also been a member of the European free trade association since 1972.

Juncker: Death penalty will end Turkey's EU bid

Turkish president Erdogan said he would reinstate capital punishment, for people behind last year's failed military coup. But European Commission president Juncker says the move would end Turkey's bid to join the EU.

Opinion

Overcoming the plot against Turkish democracy

One year after an attempted coup, what Turkey needs is not biased and groundless criticism but more cooperation, dialogue and understanding, writes its Europe minister Omer Celik.

News in Brief

  1. Austria has begun checks at Italian border
  2. Slovenian PM: Brexit talks will take longer than expected
  3. Merkel backs diesel while report warns of economic harm
  4. UK to publish new Brexit papers this week
  5. Macedonia sacks top prosecutor over wiretap scandal
  6. ECB concerned stronger euro could derail economic recovery
  7. Mixed Irish reactions to post-Brexit border proposal
  8. European Union returns to 2 percent growth

Stakeholders' Highlights

  1. European Jewish CongressEuropean Governments Must Take Stronger Action Against Terrorism
  2. European Healthy Lifestyle AllianceDoes Genetics Explain Why So Few of Us Have an Ideal Cardiovascular Health?
  3. EU2017EEFuture-Themed Digital Painting Competition Welcomes Artists - Deadline 31 Aug
  4. ACCABusinesses Must Grip Ethics and Trust in the Digital Age
  5. European Jewish CongressEJC Welcomes European Court of Justice's Decision to Keep Hamas on Terror List
  6. UNICEFReport: Children on the Move From Africa Do Not First Aim to Go to Europe
  7. Centre Maurits CoppietersWe Need Democratic and Transparent Free Trade Agreements Says MEP Jordi Solé
  8. Counter BalanceOut for Summer, Ep. 2: EIB Promoting Development in Egypt - At What Cost?
  9. EU2017EELocal Leaders Push for Local and Regional Targets to Address Climate Change
  10. European Healthy Lifestyle AllianceMore Women Than Men Have Died From Heart Disease in Past 30 Years
  11. European Jewish CongressJean-Marie Le Pen Faces Trial for Oven Comments About Jewish Singer
  12. ACCAAnnounces Belt & Road Research at Shanghai Conference