EU membership is ‘worst business idea’ Iceland could have
Icelanders have been warned that joining the EU would be a “huge step away from democracy” and the “worst business idea” they could have. A referendum on whether to restart long-abandoned membership negotiations with the European Commission will be held on Aug 29. But Prof Haraldur Ólafsson, the leader of the “no” campaign in Iceland, said that Brexit served as a warning of how difficult it is to leave the EU if a country later regrets joining. He said he believed his countrymen would regret it. Iceland has its own trade and fishing policy, but is already part of the EU’s single market, and therefore a Brussels rule-taker. Further surrendering control of its fisheries, trade policy and currency to Brussels makes no sense for a small country that is dependent on imports and has an economy based on fish and natural resources, said Prof Ólafsson. He told The Telegraph his campaign’s Keep In Control motto was inspired by the Leave campaign’s Take Back Control slogan in the Brexit referendum a decade ago. Iceland has its …







