I have been to a few radio and television interviews where people are supposed to discuss events and debate their opinions.
Usually I have found people respecting of each others time to state their case and willingness to listen.
Yesterday was the first time though where I have been where the EU membership was one of the [...]
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I have been to a few radio and television interviews where people are supposed to discuss events and debate their opinions.
Usually I have found people respecting of each others time to state their case and willingness to listen.
Yesterday was the first time though where I have been where the EU membership was one of the topics.
And I understand the nature of the debate so much more now.
Amongst the participants, the chairwoman of Young People Against EU Membership.
First she praised the krona on the same grounds as Steingrimur J. Sigfusson did last week.
When I explained how the fall of the krona destroys assets and home equity she picked up her cell phone to text someone apparently more important.
Then she said that we could so easily adopt the Euro without EU membership.
From then European Bank for Reconstruction and Development Chief Economist Willem Buiter’s 2001 report “Er Ísland Hagkvæmt Myntsvæði?” :
When all things are considered, economic reasons recommend an entry into the European Monetary Union, but not with a one-sided approach. But as Iceland is not a member of the EU, political reasoning goes totally against pretty much any monetary union. Without participation in the EU, it is not politically convincing to endorse parts of Iceland’s sovereignty to the European Central Bank. The institutions who could ensure the liabilities of the Central Bank towards Iceland do not exist and therefore it is unlikely that Iceland would take up the Euro without entering the European Union. Such a move would just simply not be feasible in the long term.
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