Iceland EU bid set to get European Commission boost

[pampango]

Source: BBC

The European Commission is expected to recommend the opening of EU membership negotiations with Iceland shortly.

But crucial to any progress will be an unresolved dispute with the Netherlands and UK over the repayment of debts lost in Iceland's bank collapse in 2008.

The UK and Dutch governments paid out 3.8bn euros (£3.3bn; $5.4bn) to savers who lost money when Iceland's online bank Icesave went bust.

So while Iceland is better placed than any other candidate country to become the EU's 28th member, the Icesave issue will have to be sorted out first.

Read more: http://news.bbc.co.uk/2/hi/europe/8533706.stm

[yava]

1. The Icelandic people are Europeans

and they are not so many (300,000 people) with a huge space.
The EU would be stupid to miss this chance.

[Rapier09]

2. A huge space?

Like Greenland?

Yeah that trick didn't work when the Vikings discovered it;it isn't going to work now.