Having thought long and hard (since 2009) about the benefits of becoming a member of the European Union, Iceland has decided to withdraw its application...

*ICELAND SAYS WON'T RESTART ACCESSION TALKS WITH EU

The 2013-elected (euroskeptic) coalition government had scrapped talks, so this is not entirely surprising, as it sought more trade accords.

Foreign Minister Gunnar Bragi Sveinsson formally withdrew bid for European Union membership in a letter presented to Latvia’s Foreign Minister Edgars Rinkevics, according to an e-mailed statement from the Foreign Ministry in Reykjavik.



As Sputnik News reports,

According to Agence France-Presse, Iceland is reportedly dropping its bid for membership in the European Union. Iceland applied for EU membership in 2009, but earlier this year, the Icelandic prime minister said that his country would withdraw its application.

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