Bank crisis prompts Iceland EU rethink

Iceland’s government has reversed its long-standing opposition to European Union membership in the wake of the collapse of its banking system in 2008 and could join as early as 2011. Geir Haarde, Iceland's Prime Minister, said on the 14 November 2008 that he would set up a special panel to discuss joining.

Wikipedia: Iceland and the European Union http://en.wikipedia.org/wiki/Iceland_and_the_European_Union

European Commission: DG External Relations: Iceland http://ec.europa.eu/external_relations/iceland/index_en.htm

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