Iceland says it will put EU membership to referendum by 2027
www.euronews.com
Iceland has traditionally been ambivalent about joining the bloc but issues like the 2008 financial crisis, Brexit and a range of domestic issues has meant the country is slowly warming to the idea of membership. #EuropeNews

The incoming administration of Prime Minister Kristrún Frostadóttir, which takes over on Sunday, also said it will set up a panel of experts to look into the advantages and disadvantages of retaining the Icelandic crown over adopting the Euro.

  • socsa@piefed.socialEnglish
    3·
    17 hours ago

    It’s already a pretty cashless society (at least it was as a tourist) so the switch to the Euro would be pretty easy.

    • wolfpack86@lemmy.worldEnglish
      3·
      13 hours ago

      Discussions on retaining ISK over the euro are not based on how difficult it is to swap the currency or change systems that use cash.

      It’s about retaining control over monetary policy, which is centrally decided in the eurozone.