26 May (EIRNS) The new Icelandic government, led by the Progressives and the Independence Parties, have signed a coalition agreement that includes the suspension of talks indefinitely for accession to the European Union. In fact, for talks to restart, a referendum will have to be held. The new government is not interested in restarting the talks at all. One reason is that they have no interest in joining the Eurozone of countries whose currency is the euro, which was being pushed by the Icelandic Social Democrats.
Bjarni Benediktsson, the new finance minister and leader of the Independence Party, told the London-based Financial Times, that the situation in the Eurozone had worsened, adding, “We believe the accession talks were started without the necessary support in Iceland. We will not go further with the talks. We also have to listen to what the EU has to say about our approach; maybe it will make no sense to hold a referendum.”