Iceland Business Forecast Report Q4 2013: New Research Report Available at Fast Market Research
The decision of the new centre-right government, elected in April elections, to all but abandon the country's EU membership bid is of little surprise. Given that opinion polls have long suggested citizens would vote against accession and there is a large euro-sceptic majority within parliament, we see the decision as adding to long-term political stability. Indeed, Iceland remains a member of the European Economic Area and has strong international policy anchors within this framework.
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