The expected bill on Icelandic accession talks with the European Union was submitted to the Icelandic parliament yesterday. The bill is nearly identical to the original bill proposal the Foreign Ministry presented to the cabinet in the middle of May.
The bill asks parliament to grant the government authority to begin accession talks with the EU under the explicit understanding that the nation will be able to vote on the final treaty of accession in a referendum, mbl.is reports.
Independence Party vice-chairman Thorgerdur Katrin Gunnarsdottir said that the government should not be allowed to force the bill through parliament with ease, saying her party favours thorough and reasoned parliamentary debate on the issue.
Meanwhile Left Green MP and head of parliament’s Foreign Affairs Committee, Arni Thor Sigurdsson said that hopefully his fellow party members will vote on the issue as they each see fit. “There are differing opinions in our (traditionally anti-EU membership, ed.) party,” he said.
Sigurdsson said he believes his party’s MPs, forming one of the two coalition government partners, will not try to hold up the bill: “We want instead to ensure a good quality discussion of the issue in parliament.”
Included in the bill is a clause promising that the authorities will refrain from openly backing or holding against the final treaty when it comes to be voted on by the public.
The bill is expected to be debated during the next week.
” A special report on the euro area
One size fits none
Jun 11th 2009
From The Economist print edition
The euro did not cause all the euro area’s troubles, but it will make them harder to put right”
http://www.economist.com/specialreports/displaystory.cfm?story_id=13767363
>The question is not if the EU is a good or a bad thing, the question is how we
>can improve it all together. Have you ever considered that from within yo
> could make the common fisheries’ policy change to the Icelandic model? And
> that it would be a great thing for all of us and for the fish themselves?
The sad thing is that this will never happen.
The EEC, EC, EU,… whatever name it becomes is unreformable. It will continue getting more corrupt as the power gets more centralized and the secretcy of the politicians get more.
Try and get an list of expense claim out of Euro MPs — or EU commission. You will get a surprise.
The EU is going in the wrong direction and has been for decades. Its course is clear and that goes for the CAP, CFP, and all the other abominiation of the burecrats and failed politiicans from local countries that go there when they have failed at home.
>But I’m worried by the fact that the debate in Iceland seems to be only about who saves the economy of the country. The EU can do that
Really, and how exactly is that?
I’m a Spaniard as well (an illiterate villager, by the way) and I’m interested in the entry of Iceland, of course, so that my country can suck all the life out of it. I want to devour all the fish from your seas and I want you to be enslaved to Germany for the rest of your lives, the same as I am, because this is Hell and everybody should share this awful destiny.
Seriously, it is a pity that this discussions on the EU are always about who wins and who loses. The question is not if the EU is a good or a bad thing, the question is how we can improve it all together. Have you ever considered that from within you could make the common fisheries’ policy change to the Icelandic model? And that it would be a great thing for all of us and for the fish themselves?
But I’m worried by the fact that the debate in Iceland seems to be only about who saves the economy of the country. The EU can do that, and I hope it will, but it looks very suspicious that it’s now that Iceland turns to the EU. Who can assure me that when the crisis is over Iceland is not going to send anything but proud eurosceptics to the European Parliament? It’s perfectly rightful, but we already have too many annoying islands and nationalistic (i.e. 19th century and slightly racist) republics. If that is the case, and I hope it’s not, please, don’t even bother.
I think that Iceland schould join EU with Croatia in 2010 or 11 and that’s all !!!
@Optimist
Dear … Optimist, here my answers to your lack of culture:
“Jorge or GUS or what ever you call yourself”
My name is Jorge. And what is your name? And your country? So, I – we – can speak about your country!
“The european newspaper Economist had a nice article:”
Yes, and I did read it days ago. By the way, why is it nice? … Because at worst for Spain??? !!!
“The sick man of Europe was how the pro-government El País newspaper greeted the news”
Then, The Economist and you do have little idea about Kingdom of Spain because El País is not the pro-government newspaper but a detractor. Prime Minister opted for MEDIAPRO, a new mass media, left-wing.
Another lie: the main opposition, the conservative People’s Party does not lead in the opinion polls yet.
If each news is like this, I am afraid you go by evil way.
This magazine is the ‘lampoon’ saying Spain is bankrupt when main british banks were crashing! This is the magazine speaking about the worst of the spanish economy for more than three years. Just doing something out of envy! Similar, Financial Times newspaper: they write about some pigs … really never I did understand these things. Pigs – PIIGS: Portugal, Italy, Ireland, Greece, Spain – ? Pigs ? Pigs ? Aaaaah yesss !! Pigs!!! Yes, themselves!
“With unemployment way over 20% by year 2010, you can’t really clain that hard work is driving anything since ppl aint working.”
You do know nothing about my country. On last five or six years, between FIVE and SIX millions of innmigrants came here. And, they come yet. And, surveys say more than ONE million of men and women do not have official documents yet; so, these men and women do nothing, or dark things. If Spain does have four million of unemployed now, and, we have received FIVE or SIX million on last five years, Labour Party, please could you tell me what is the unemployment rate of Spaniards, exactly ?
“Even “pro-government El País” calls spain “The sick man of Europe” Get your facts strait, and get a JOB!”
Simply to damage the Government since … now … pro-government mass media is not PRISA but MEDIAPRO.
Do you know what you are writing here? !!! Incredible your lack of culture !!! It is so poor!
By the way, I do not need a job; I do have a company and I do create jobs.
“This is only an exerpt: but apparently it is the worst “modern” Audi EVER!! so the Audi Q3 will be the next TT, a shame really since it is a nice car.”
It is only a opinion; yours!
“I thought REAL hard about that one, then I went to transperancy internationals hompage, looked at the charts. http://www.transparency.org/policy_research/surveys_indices/cpi/2008 . Rank 28 and a CPI score of 6,5 is rather poor, and put you at the same level as Qatar, but still you and behind countries like Uruguay.”
It is a very ‘enriching’ chart. And I am very happy: similar to France! Even so, We will improve!
By the way, will you improve your country? I do not know your country yet!
Rank 28 at same level as Qatar, but still behind Uruguay says credibility of this chart! Null!
Credibility of that chart is this:
7 Iceland / 14 Norway : A scandal!!!
18 Belgium / 22 France : hahahaha !!!
18 Japan / 23 Chile : hahahaha a scandal !!!
How much money have some countries paid??? Hahahaha
I will say what GUS write: please, do not make me laugh so much because I am going to have a heart attack some day of so much laughing !!!
“There is only 1 economic powerhouse in Europe and that is Germany, most other countries are busy enough keeping their own economy afloat, and still more countries scrape their living off Germany’s back.
Spain is the latter and instead of glorifying Spain, you should spend your time praising Germany instead”
Please, do not make me laugh so much!!! Please take a look:
The sick man of Europe, Spain ( GDP Q1 2009, Eurostat ) main countries:
Spain: -2.9%
Austria: -2.9%
Belgium: -3%
France: -3.2%
UK: -4.1%
Netherlands: -4.5%
Italy: -5.9%
Germany: -6.9%
Others:
Lithuania: -10.9%
Estonia: -15.6%
Latvia: -18.6%
Really my eyes can see that the sick man of Europe is SPAIN! HAHAHA
“And NO! I am not from Germany I come from a country that is “busy enough keeping their own economy afloat”
Please, just get a GOOD job! Your mind does need it!!
////////////
By the way, this is my last writing about Spain here; I come to write about Iceland. When I wish to write about Spain, I am doing in spanish forums! End.
OPTIMIST, YOU ARE REALLY BAD INFORMED BY THE NEWS OF THE ICELANDIC TV.
DID YOU KNOW THAT 30% OF THE UNEMPLOYED PEOPLE IN SPAIN RECEIVING UNEMPLOYMENT PENSION ARE UNIVERSITY STUDENTS??
NOW, IF YOU PUT THE SAME PERCENT OF ICELANDIC UNIVERSITY STUDENTS INTO YOUR UNEMPLOYMENT LISTS YOU WILL GET BY NOW UNEMPLOYMENT OVER 30% IN ICELAND.
BTW, IN SPAIN YOU CAN RECEIVE THE UNEMPLOYMENT PENSION, BE A FULL TIME STUDENT AT THE UNVERSITY AND AT THE SAME TIME ( SPECIALLY BECAUSE YOU HAVE LOW INCOMES) RECEIVE A GRANT FROM THE GOBERMENT AROUND 5000 EUROS PER YEAR ( LIKE 900.000 ISK) THAT YOU DONT HAVE TO PAY BACK ( COMPENSATORY GRANT)
SO PLEASE, ALL THE COMPARISONS THAT ARE BEING MADE WITH ICELAND AND SPAIN, IS JUST NONSENSE, AS THEY HAVE DIFFERENT SYSTEMS…
AND REMEMBER, SPAIN HAS THE EURO!!
BRING EUROS OR DOLLARS REN, AND THEY WILL PUT YOU A RED CARPET AS YOU GET DOWN THE PLANE… THE EURO IS GOING TO BE 350 ISK THEN…
i’ll be back in iceland in august would love to have a meeting for discussion.
“To compare one of the most corrupted and rotted kingdoms in the world – Arabia – and one of the cleanest kingdoms in the world – Spain – is, simply, an absurdity and reflects your cultural level: too poor to respond. Go again to the school; or take honey, so your thoughts will be cleaner!
Yeah well; Jorge I thought REAL hard about that one, then I went to transperancy internationals hompage, looked at the charts.
http://www.transparency.org/policy_research/surveys_indices/cpi/2008
Rank 28 and a CPI score of 6,5 is rather poor, and put you at the same level as Qatar, but still you and behind countries like Uruguay.
There is only 1 economic powerhouse in Europe and that is Germany, most other countries are busy enough keeping their own economy afloat, and still more countries scrape their living off Germany’s back.
Spain is the latter and instead of glorifying Spain, you should spend your time praising Germany instead.
And NO! I am not from Germany I come from a country that is “busy enough keeping their own economy afloat”
“why new Audi Q3 will be made in Spain?”
Audi TT models are made in Gy?r (Hunary) And according to ADAC pannenstatistik:
http://www.spiegel.de/auto/werkstatt/0,1518,grossbild-350084-297591,00.html
This is only an exerpt: but apparently it is the worst “modern” Audi EVER!!
so the Audi Q3 will be the next TT, a shame really since it is a nice car.
Jorge or GUS or what ever you call yourself
The european newspaper Economist had a nice article:
http://www.economist.com/world/europe/displayStory.cfm?story_id=13611650
With unemployment way over 20% by year 2010, you can’t really clain that hard work is driving anything since ppl aint working.
Even “pro-government El País” calls spain “The sick man of Europe” Get your facts strait, and get a JOB!
EXACTLY JORGE, THAT IS WHY ICELAND WILL HAVE A HARD WAY TO GET INTO THE EU. COUNTRIES LIKE TURKEY HAVE MORE CHANCES THAN THIS CORRUPTED, RUINED AND POORLY DEVELOPED COUNTRY
NOW THEY ARE GOING TO REDUCE EDUCATION TURNING 7 UNIVERSITIES INTO JUST 2, GO FIGURE!! THIS GOVERNMENT CANNOT AFFORD ITS EDUCATION SYSTEM ANYMORE!!!
ICELAND IS TAKING FAST STEPS BACK TO THE MIDDLE AGES!!
ANYONE HAVE A HORSE TO BORROW ME JUST IN CASE?? I HAVE NOT A SWORD BUT I HAVE A BOW… THAT MIGHT DO…
@Optimist
“Yeah, yeah; Jorge, Saudi Arabia have their oil, Spain have the EU structural funds. Neither fail to impress”
I cannot answer this commentary since it portrays, perfectly, who you are, and your uncultivated and twists thoughts.
To compare one of the most corrupted and rotted kingdoms in the world – Arabia – and one of the cleanest kingdoms in the world – Spain – is, simply, an absurdity and reflects your cultural level: too poor to respond. Go again to the school; or take honey, so your thoughts will be cleaner!
“If you look at productivity at the SEAT factory compared to VW in wolfburg, Audi in Ingolstadt, or SAAB in Trollhättan.”
First, SEAT factory is not VW or Audi. To compare is a ridiculous thing, and you should know! Secondly, if SEAT productivity is not good, if is not fuelled by hard work, why does not VW close the factory??? Perhaps, … because … they do receive money from regionalist government, Catalonia? This is corruption. But, who is the corrupt? The regionalist government offering or VW-Audi accepting it??? HAHAHAHA !!!
If it is not productive, please close it!
By the way, if SEAT factory productivity is poor, why new Audi Q3 will be made in Spain? Perhaps … Audi … so productive and honest company wait to receive funds – ilegal funds – from Catalonia county??? HAHAHAHA !!!!!
“You’ll see that growth is not fuelled by hard work in Spain, more like the hard word of the rest of EU, to keep the structural funds flowing.”
I am not going to answer this badness over that. Simply I will say: is your country Germany? OK, If your country is Germany, according to you, it should be a country with many idiot leaders because … they send – sent – money to Spain. Nevertheless, my idea is that the germans – Germany – are very intelligent men and … if they send – sent – much money to Spain, Greece, Portugal, Ireland, Italy, some regions in France, Belgium, Sweden and Finland – I do not want to forget the swindle of the British check -, if the germans sends money, 2 marks, 2 pies, is simply, because they hopes to get back 4 marks, 4 pies! Or … if Spain, Portugal, Greece, Ireland, Italy, … , are richer countries now, what country do you think they will buy many articles through many bilateral agreements? One, two, three: Germany! Yesss !!
Please, go to the school and learn something; read something. Later, post.
Spain did receive much money from the EU during two decades and, now, is called on to pay the invoice of the new poor and ruined partners: Poland, Czech Rep., Slovakia, Hungary, Romania, Bulgaria, Estonia, Latvia, Lithuania, … Just imagine!
Europe look for a strong, rich and united thing: Europa do not look for an Europe of three or four richer countries, more or less rich, more or less poor, and many poor and ruined countries.
Yeah, yeah; Jorge, Saudi Arabia have their oil, Spain have the EU structural funds. Neither fail to impress.
If you look at productivity at the SEAT factory compared to VW in wolfburg, Audi in Ingolstadt, or SAAB in Trollhättan. You’ll see that growth is not fuelled by hard work in Spain, more like the hard word of the rest of EU, to keep the structural funds flowing.
@ Øystein;Norway
“I saw it in “Spaniaavisen” (The Spanish paper – part of the Viking post” – This is a paper distributed in 31000 ex to Scandinavians at Costa Blanca. It says that 53% of the Spanish thought that Pesetas would have been better through the resession. The research was done on behalf of the EU Parliament – Italy/Spain/Portogal and Cyprus was most negative to Euro (Portugal 62%) – the other 12 countries with Euro were more positive.”
Any survey done in Spain, is equal the color, or the political color – conservative, progressive-labour, nationalistic-separatist -, percentage of support to the Euro wins with large majority. Credibility of that survey is null; some cooked order to destabilize the Euro and propagate victory in the obstinate countries to the Euro: Norway and others. Norwegian newspapers uses this news to consolidate the idea of the nonproperty to the Euro.
By the way, article picture is VERY modern! It is so cool!!!! HAHAHA It reflects the reality and modernity of present Spain, or modern Spain before the Euro currency: coins of the dictator, the facist national dictatorship. Is that the image Norwegian mass media publishes of my country?!!! Now, I do understand some commentaries of some Norwegian in media: image that they have is 1960, 1970, … just the those coins: 1957 and 1966! What a shame, to speak of Spain and the Peseta putting a picture with coins of the dictatorship and the face of the dictator such as he had been a King – because he lived such as a king-: emetic and repugnant.
Luckily, a wonderful Kingdom and modern Democracy now, with some lost decades; we tried to conquer, and we are achieving it!
Gross Domestic Product per capita, in USA dollar, IMF (Germany= 100)
year 1980 / year 2008 / fore. year 2009
USA: 114 / 105 / 122 .
Canada: 102 / 102 / 98 .
Germany: 100 / 100 / 100 .
France: 120 / 103 / 107 .
UK: 90 / 98 / 88 .
Italy: 76 / 87 / 89 .
Spain: 56 / 79 / 81 .
Iceland: 137 / 124 / 99 .
BTW, ICELANDERS ARE LIGHT YEARS AWAY FROM THE SOCIAL MENTALITY OF THE REST OF EUROPEANS. SO NOW THAT YOU ARE RUINED AND SEE HOW IGNORANT AND PREPOTENT YOUR SOCIETY CAN BE ( WITH ALL THE VIKING PROUD AND SUPERIORITY) IT IS TIME TO OPEN YOUR EYES AND PLAY A LITTLE BIT OF MODESTY, THAT WILL MAKE THIS COUNTRY SO GOOD…
THORGERÐUR “Please think hard…Iceland has always had a strong identy all of tis own. Please do not give that up. Alot of decisions will be taken out of your hands if you join. I am always lived abroad, but am very very proud of my Icelandic/ Viking backround.”
ICELANDERS HAVE AN IDENTITY BASED ON PEOPLE WHO LIVED 1.000 YEARS AGO. BUT WE ARE IN THE 21.ST CENTURY AND WE DON´T GO TO WORK ON THE BACK OF A HORSE. THE WORLD IS GETTING MEGA CONNECTED, SUPER-INTERCULTURAL AND IS VERY GLOBALIZED.
ARE YOU SURE YOUR BACKROUND IS PURELY “VIKING”? SINCE HUNDREDS OF YEARS ICELANDERS ( THOSE VIKINGS) HAVE BEEN MIXING WITH IRISH SLAVES, BASQUE AND FRENCH FISHERMEN, AND SINCE THE WWII WITH PEOPLE FROM ALL CORNERS OF THE WORLD.
ICELAND IS THE SCANDINAVIAN COUNTRY WHERE YOU CAN SEE THE HIGHEST PERCENT OF PEOPLE WITH NATURAL BLACK HAIR OR BROWN EYES ( SPANISH-FRENCH HERITAGE)… NOW YOU HAVE AN AUTHENTIC LEGION OF THOUSANDS OF ICELANDERS THAT ARE MIXED OF THAI, PHILIPINES, YOU NAME IT, WITH THOSE ALREADY MIXED “VIKINGS”…
35% OF THE CHILDREN BEING BORN IN ICELAND HAVE BOTH OR AT LEAST ONE OF THE PARENTS OF FOREIGN ORIGIN. HOW “VIKING PURE” IS THAT?
I REALLY LAUGH TO DEATH WHEN I HEAR THE TYPICAL “VIKING” THING, SPECIALLY FROM PEOPLE THAT SEEMS TO HAVE LIVED IN OTHER COUNTRIES FOR A LONG TIME. CAMON, THIS IS NOT THE LORDS OF THE RINGS….HAHAHAHAHA
ICELAND HAVE BOTH AN ECONOMIC AND A SOCIAL ( IDENTITY) CRISIS, THE COUNTRY REALLY NEEDS TO FIND ITS PLACE IN THE WORLDS ECONOMY AND IN THE HUMANITY ITSELF.
THIS IS NOT A SOCIETY OF PURE VIKINGS.. THIS IS A MULTICULTURAL SOCIETY WITH HISTORICAL BACKGROUNDS FIRST IN A DIVERSITY OF EUROPEAN COUNTRIES AND THEN IN THE GREAT INTERCULTURAL MIXING THAT HAS BEEN GOING ON SINCE THE WWII
WAKE UP THORGERÐUR!!
@ Jorge
Low discount rates, higher inflation, booming growth that is a classic bubble economy. It doesn’t have as much to do with the currency as that the central bank is printing like crazy. You don’t need the euro to do that. The euro just eliminates currency competition, a free market’s way of keeping currencies stronger so as to prevent theft via inflation. If you have the boom you MUST have the bust. Its because the boom creates a false economy around the fountains of money that come from the loans via the low interest rates. At some point the new money entering the economy ramps up inflation too much and you get high inflation or hyperinflation and you need to raise interest rates to bring back in some of the money (by paying back loans) to reduce or at least freeze (or slow growth) prices. When you overstimulate the economy like that you HAVE to have a recession or in the present case, a depression. There simply is no demand to prop up the false economy and the businesses go bankrupt. You can’t create enough false demand to keep them healthy, you can try, and you will rack up your debt and maybe even directly inflate your currency but japan tried that in the 90s and they still havent reached their highs before their crash.
The monetary scientists are engineering our doom, they are the ones to blame for this.
Total fiat central banking is a mechanism for transfering the wealth from the poor and middle class to the wealthy. The new money creates takes a bit of wealth (reduction of puchasing power) from the existing money supply and gives it in the form of a loan from the central bank to a smaller bank and finally to a wealthy individual, business starter, or corporation to expand. The bank gets the profit from the interest, the wealthy person/corporation gets money for dirt cheap and if their venture is profitable they get to keep the profits and in the case of a corporation if the business fails, all they lose is their initial investment. When you lower the discount rate the banks compete with one another to make loans as their performance is judged by a quarterly basis so if one grows faster than the others they are viewed as the top dog attracting even more capital. This will mean that lending standards will get more and more reckless. Setting you up for an even bigger crash as many of the companies ( or people…credit cards, car loans) recieving loans should not be receiving them.
The monetary scientists have the economy crashing technique down to a fine science.
@Jorge – “Where” – I saw it in “Spaniaavisen” (The Spanish paper – part of the Viking post” – This is a paper distributed in 31000 ex to Scandinavians at Costa Blanca.
It says that 53% of the Spanish thought that Pesetas would have been better through the resession. The research was done on behalf of the EU Parliament – Italy/Spain/Portogal and Cyprus was most negative to Euro (Portugal 62%) – the other 12 countries with Euro were more positive.
Norwegian link:
http://www.spaniaavisen.no/wip4/-_kunne_unngaatt_finanskrisen_pesetas/d.epl?id=427586
Please think hard…Iceland has always had a strong identy all of tis own. Please do not give that up. Alot of decisions will be taken out of your hands if you join. I am always lived abroad, but am very very proud of my Icelandic/ Viking backround.
Hi all,
Be sure that almost 90% of spaniards are in favor of the Euro.
of course there is a debate at mass media about this, but almost always are journalists without any economy background.
I think the biggest “euroiceland” problem would nos be inflation, but the overheating of the economy (like Spain). Spain are paying today (with unemployment) all foreign cheap capitals we have received last years. And Iceland will be the same.
Sorry, I mean:
icelandic inflation 7% (2007) and 5,9% (2008).
@ Øystein;Norway
“The world have at least learned something through the finance crisis, and that is that the free markets can not regulate them selfes. The free market will always end up with “monopolists” – those who control the marked.”
Certainly!
“To most people a fixed rate is best – that is all what EURO is about. All kind of money is about thrust.”
Not exactly. With the Euro, Europe – Euroland and others: Sweden, Denmark, Norway – has had lower interest rates, more credit, more consumption, more growth. Interest rates in France, Italy and Spain were not the same that those in Germany, and inflanción of these countries was not the one in Germany: Euro ‘came’ with many things for everybody. Germany sacrificed the Mark and all the countries grew more and, all the countries bought more to Germany: ‘nobody sacrifices nothing if it is not going to obtain something better’. Problem is the inflation: Germany is able to control better the inflation with low interes rates that Spain, Italy, Portugal, Greece, Ireland, Sweden, Norway even France; these countries would grow more, the economies would overheat more, and problem of the inflation would be present. There are my doubts there about icelandic situation: the Euro in Iceland would ‘come’ with lower inflation – short-term – but, low interest rates will come with more growth and wealth, and higher inflanción – long-term-. Will be able Iceland to control the inflation with interest rates at 2% ? I do remember policy rate at 13% – Iceland – and inflation 7% (2007) and 6% (2006). With Euro, no longer the devaluation is possible.
“I read somewhere that the spanish people still would prefer Pesetas before Euro.”
Where? 65%-75% of people are in favor of the Euro. Perhaps villagers and VERY conservative people.
> Jorge. The easiest way is just to accept the fix rate – there is probably enough people in the world that do that. Most wise people dont care much about currency exchange, they need the exchange rate to calculate the price for goods and service. If the price is OK – then thy will buy. To most people a fixed rate is best – that is all what EURO is about. All kind of money is about thrust.
The world have at least learned something through the finance crisis, and that is that the free markets can not regulate them selfes. The free market will always end up with “monopolists” – those who control the marked.
I read somewhere that the spanish people still would prefer Pesetas before Euro.
@Radek, Czech Republic,
“To adopt DKK would mean for Iceland actually to adopt euro – without need to ask for permition the European Central Bank.”
Iceland would not need to ask for permission to the UE; but Denmark would need to ask for permission: this is the point! And, EU would say … can you imagine the answer?!
Image of Iceland is not the one of a country of turbid decisions or taking a shortcut: image of Iceland is a country making free decisions, without traps! And that would be to take a short cut!
“If Iceland would reach agreement with Denmark on adoption of DKK, then all DKK (incl. those “Icelandic DKK”) would become euro when Denmark will enter Eurozone.”
The answer was post per Ólafur above: ‘There’s a greater chance of Malawi’s courts allowing Madonna to adopt a classful of children than there is of Norway/Denmark allowing Iceland to adopt the NOK/DKK.’
Each western european country with own currency – UK, Switzerland, Sweden, Norway, Denmark, Iceland -, got arrogance of that currency, and that country will not leave to adopt any other. Euro is a currency for each European country: we are european, only some c*o*n* imagine that crazy thing of the categories: first, second, third, even fourth. A man is not a thing: European men and women must be free and equal ( law, currency, … ) .
My idea is: you like EU, your currency the Euro; you do not like the Euro; out of the EU. Europe does not need slies!
“incl. those “Icelandic DKK”) would become euro when Denmark will enter Eurozone.”
Something so absurd.
If those ‘Icelandic DKK become DKK on next months, the DKK: -10% .
Who would avoid the pressure? Danish Central Bank or European Central Bank? The second, sir!
“And ECB cannot do anything about it.”
ECB can do SOMETHING on Danish Central Bank! Don’t worry.
“Who did ask people in France, Spain or similar in 2002 when “their new currency” (euro)”
Perhaps you have heard speak something … a beautiful thing …, also a beautiful Palace; the name is House of the Commons or Representatives. Each law cannot be voted by the people!
” … became automaticly currency in Kosovo and Montenegro (automatic conversion from Deutsche Mark to Euro). Nobody”
Montenegro and Kosovo have also used the euro since its launch, as they previously used the German mark rather than the Yugoslav dinar. This was due to political concerns that Serbia would use the currency to destabilise these provinces (Montenegro was then in a union with Serbia) so they received western help in adopting and using the mark (though there was no restriction on the use of the dinar or any other currency). They switched to the euro when the mark was replaced but have no agreement with the ECB; rather the country depends only on euros already in circulation. Kosovo also still uses the Serbian dinar in areas mainly populated by the Serbian minority.
The use of the euro in Montenegro and Kosovo has helped stabilise their economies, and for this reason the adoption of the euro by small states has been encouraged by Finance Commissioner. European Central Bank President Jean-Claude Trichet has stated the ECB – which does not grant representation to those who unilaterally adopt the euro – neither supports nor deters those wishing to use the currency. Some in the Turkish Republic of Northern Cyprus have called for the unilateral adoption of the euro by that state.
“So – there is a clever way how to adopt euro without entering of the EU (very unfavourable for Iceland – twice more when Lisbon Treaty will be put into force).”
Really???!!!
“There is just one big question – what would be the exchange rate DKK/ISK in case of such conversion?……and mainly if Danes would be so happy to help.”
Very difficult; but DDK, -10% against Euro, and many many problems! … And the pacific countries – Denmark – do not look for problems!
DENSOU, YOU HAVE NO IDEA OF ECONOMY REALLY.
TO START WITH THE DKK IS AS GOOD AS IT IS THANKS TO BE PEGGED TO THE EURO AND DENMARK BE PART OF THE EU.
SECOND, ICELAND HAS NOT A POSSIBLE WAY TO JUST GET THE NOKK OR THE DKK, FOR THAT TO HAPPEN, EITHER DENMARK OR NORWAY WOULD HAVE TO MAKE A PRESENT OF HUNDREDS OF BILLIONS IN THOSE CURRENCIES, AND THE ICELANDIC ECONOMY AND BANK SYSTEM TO BY BACKED BY THE NORWEGIAN CENTRAL BANK. AND THAT IS ALSO NOT GOING TO HAPPEN EVEN IN YOUR SWEETER DREAMS.
DENMARK IS PART OF THE EU, AND IS NOT GOING TO GRANT ANYTHING TO ICELAND BECAUSE DENMARK IS A COUNTRY BUT FORM PART OF A FEDERATED POLITICAL ENTITY CALLED THE EU.
SO IT IS THE EU AND THE EURO, OR ICELAND WILL HAVE TO SELL ITSELF TO THE AMERICANS AGAIN, LIKE YOU DID BEFORE… OR TO THE RUSSIANS… OR CHINESSE…
ICELAND IS NOT IN A POSITION FOR NEGOTIATION..
What HAHAHA, Jorge!
To adopt DKK would mean for Iceland actually to adopt euro – without need to ask for permition the European Central Bank.
If Iceland would reach agreement with Denmark on adoption of DKK, then all DKK (incl. those “Icelandic DKK”) would become euro when Denmark will enter Eurozone.
And ECB cannot do anything about it.
Who did ask people in France, Spain or similar in 2002 when “their new currency” (euro) became automaticly currency in Kosovo and Montenegro (automatic conversion from Deutsche Mark to Euro). Nobody.
So – there is a clever way how to adopt euro without entering of the EU (very unfavourable for Iceland – twice more when Lisbon Treaty will be put into force).
There is just one big question – what would be the exchange rate DKK/ISK in case of such conversion?……and mainly if Danes would be so happy to help.
So, Left Greens are no longer has to follow their promises? Now every ELECTED bastards…oops…MP, of course, can vote as he pleased to. Indeed, who cares what party promised BEFORE election? Till next election they are free to do whatever they wish.
I’m lovin’in it (c)
“I’d say it again: adopt NOK or DKK”
There’s a greater chance of Malawi’s courts allowing Madonna to adopt a classful of children than there is of Norway/Denmark allowing Iceland to adopt the NOK/DKK. At least the Eurozone countries will allow Iceland to adopt the EUR. But a pity that countries have to spend 2 years in the ERM before they can adopt the euro.
uh, lol. However I doubt that both Far Oer and Greenland will adopt Euro but I may be wrong.
otherwise does “Arctic Krona” sound so badly ? :P
“I’d say it again: adopt NOK or DKK. Both have their pro and their cons, however those currencies are better than €, definitely”
HAHAHAHAHA !!!!!!!
Please, ask to Finland!! If currency of Finland was not the Euro, Economic situation would be so different now!!! Please, ask to the Finnish economists!!! HAHAHAHA
You can ask to Swedish and Danish economists as well!! Please have a look at the swedish kroner exchange rate on last months, and, two years ago!!!
And, please, take a look below, so you will hear what Danish Prime Minister says about the horrible Euro:
//// European Union member-in-good-standing Denmark is looking at reconsidering its opt-out from the single currency. New Prime Minister Lars Lokke Rasmussen says he wants it to start using the euro officially, though a date has not yet been set for a referendum.
In Brussels for talks with European Commission President Jose Manuel Barroso, Rasmussen said: “I want Denmark to become a full member of the EU. As you know, we have this fixed exchange rate in Denmark. So for all practical reasons, we already have the euro in Denmark. We just have decided to call it Danish kroner. Therefore, it would be in the Danish interest to join the eurozone.”
Although more than half of Danes rejected membership in the eurozone in a referendum in 2000, they do meet the criteria. The 1992 Maastricht Treaty originally required that all EU members join the euro. Two countries negotiated exceptions: Denmark and the UK.
Link: http://www.euronews.net/2009/05/13/danes-euro-referendum-ii/
HAHAHAHA !!!
I’d say it again: adopt NOK or DKK.
Both have their pro and their cons, however those currencies are better than €, definitely