Icelandic Prime Minister Sigmundur Davi Gunnlaugsson. Credit: The Parliament Magazine
Jan. 5, 2015 (The Parliament Magazine) -- Iceland is shortly expected to withdraw its application to become a member state of the European Union.
The news follows comments by the Icelandic prime minister Sigmundur Davið Gunnlaugsson in a radio interview, that a resolution to formally withdraw the membership request will go before Iceland’s parliament.
This is the governments second attempt at a withdrawal resolution. The previous resolution sparked public protests and calls for a referendum on the issue.
Gunnlaugsson also indicated in the interview with Bylgjan, an Icelandic radio station, that steps towards removing capital controls put in place during the economic crisis would be made.
