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Iceland to vote on joining EU

16th July 2009 By Sten No Comment

Parliament in Iceland – the Nordic country that went pretty much bankrupt last year – is preparing to vote on whether they should seek to join European Union.

If parliament supports membership, the Icelandic government will then have to present its application to the EU and – if successful – put the issue to the Icelandic people in a referendum, the BBC reports.

The Prime Minister, Johanna Sigurdardottir, predicted that the result of the vote in Parliament would be very close.

But critics fear Iceland’s vital fishing industry could suffer if it is forced to abide by EU quotas.

Iceland regards joining the EU as last resort in getting out of bankruptcy.

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