Iceland is doing what would have been unthinkable only a year ago: applying to join the European Union.

The prime minister, Johanna Sigurdardottir, announced this week she would present a bill to parliament authorising the start of membership talks with Brussels. The move was widely expected, as she believes EU membership is the only way to rescue the island nation’s wrecked economy. “We want Iceland as soon as possible to join the European Union and adopt the euro,” she said on the night of 26 April, when her party, the Social Democrats, emerged as the winner of the country’s general election.

From the Guardian

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