ravaged by the global financial crisis seems Iceland request accession to the European Union want to. The Icelandic Foreign Minister called for a rapid application for membership in the spring of 2009 and the Icelandic Independence Party, which rejected EU membership so far, want to consult again. [Financial Times ] EU accession Commissioner Rehn was positive about the Icelandic plans and announced that an accession would be possible, together with Croatia. [ EurActiv ] An EU accession of Iceland would have consequences for the stability of the European Economic Area (EEC ). As a member of the EEC Iceland had been the duty of the EU to adopt legislation, but was not directly involved in the legislative process. At the same time it could benefit from the free movement of goods and persons. The Swiss news portal Bazon line writes that such a move could encourage other non-EU members like Norway and Switzerland to reconsider an EU accession. The portal writes that the EU would be a candidate mainly because of Iceland's proximity to the Arctic important where huge oil reserves are suspected.
More information is available on the blog " EU news from Iceland .
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