Good for them. After their financial disaster..and recovery, they are certainly better at self-determination than the EU.
Go Iceland. You’ve got more wisdom and common sense there among your small population than in all the rest of Europe.
Smartest thing they ever did unless they want to surrender their sovereignty.
This is hilarious and monumental. Every time Iceland has told the EU to bugger off, Iceland has profited tremendously.
It all began when they had some corrupt (”too big to fail?”) private banks, that offered very high yields. So greedy Europeans poured money into those scams, who then went belly up with bad investments.
So the EU ordered the at the time meeching, liberal government of Iceland to pay that money back, by inflicting horrible taxes on the people of Iceland. Which its government was willing to do. Oh, Hell no.
The people created a referendum, and told the EU to take a hike. Then they arrested the bankers(!), which again horrified Europe, because bankers are supposed to be above the law.
And then they threw out their squishy, Europhile government, and replaced them with Euroskeptics. And the economy of Iceland is suddenly going gangbusters.
And *this* was the Euroskeptic government that the Porta-goose European Commission President José Manuel Barroso presented with an ultimatum to join the EU or quit?
A good analogy, I suppose, would be if Obama suddenly decided to “Executive Order Texas to return to Mexico.” Texans would likely not be real thrilled with that idea.
But what makes this all the better is that Iceland doing this is going to light a fire under the English government to hold a referendum on *leaving* the EU. The UK Independence Party (UKIP), Euroskeptic, led by Nigel Farage, is probably about to get yet another big surge of voters joining them.