I have just stumbled across this video, and I would like to ask people from Iceland directly!
A few things, I would throw into the room:
1) The UK is now gone, so the beef regarding fishing would be significantly less. Additionally, I saw that around 9000 people are directly employed in fishing, something that could be subsidized. On the other hand, a huge market for fishing would open as the EU has many FTAs, likely finalized one this week with South America.
2) Migration is a no brainer. Iceland already has a large chunk migration regardless, and the EU is shifting to the right and against migration, so this problem would not be significant I think. there is also no mechanism for the EU to force migrants around. However, Iceland would see international, rich migration. Nomads, wealthy people which can cause some damage to local societies, even cities like Lisbon.
3) Euro adoption is seen by many as beneficial, however, this also could make exports more expensive. A weak krona benefits fishing, but hurts imports. A more valuable currency shifts the balance. Imports become cheaper, exports more expensive
4) Perhaps the biggest issue, especially with nordic countries, is that the EU is about to centralize foreign policy and defense in Brussels, as wells perhaps a single continent wide capital market for finance. Those issues should Icelanders be made aware of before joining. 🙂
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I have just stumbled across this video, and I would like to ask people from Iceland directly!
A few things, I would throw into the room:
1) The UK is now gone, so the beef regarding fishing would be significantly less. Additionally, I saw that around 9000 people are directly employed in fishing, something that could be subsidized. On the other hand, a huge market for fishing would open as the EU has many FTAs, likely finalized one this week with South America.
2) Migration is a no brainer. Iceland already has a large chunk migration regardless, and the EU is shifting to the right and against migration, so this problem would not be significant I think. there is also no mechanism for the EU to force migrants around. However, Iceland would see international, rich migration. Nomads, wealthy people which can cause some damage to local societies, even cities like Lisbon.
3) Euro adoption is seen by many as beneficial, however, this also could make exports more expensive. A weak krona benefits fishing, but hurts imports. A more valuable currency shifts the balance. Imports become cheaper, exports more expensive
4) Perhaps the biggest issue, especially with nordic countries, is that the EU is about to centralize foreign policy and defense in Brussels, as wells perhaps a single continent wide capital market for finance. Those issues should Icelanders be made aware of before joining. 🙂