Posts Tagged Iceland
A slippery problem
Posted by Stephen Clarke in Economics, European Union, Politics on 21/02/2011
It was reported over the weekend that the Icelandic President Olafur Grimsson, has called for a national referendum on the new plan for repaying British and Dutch loans made as a result of the ‘Icesave’ fiasco. The two countries loaned Iceland €4 billion to bail out the country’s deposit insurance scheme, which could not afford to compensate British and Dutch depositors, when the Icesave savings scheme collapsed. Aside from the political ramifications of the on-going dispute, it raises wider issues about international financial supervision and insurance schemes, as well as a more pressing problem about financial responsibility.
Plenty more fish in the sea?
Posted by Natalie Hamill in European Union on 21/01/2011
The unglamorous subject of fisheries policy has been given a publicity makeover thanks to TV Chef Hugh Fearnley-Whittingstall’s ‘Fish Fight’ campaign. Championing reform in the fishing industry and specifically the waste caused by the EU’s Common Fisheries Policy (CFP) quotas, the family-friendly face of Hugh brings the necessity of CFP reform to a new audience.
Iceland 1 – Turkey 0
Posted by Claire Daley in European Union on 28/07/2010
Yesterday (27th July), EU foreign ministers agreed to open accession negotiations with Iceland, just a year after the country formerly applied for membership of the EU, writes Natalie Hamill. The move coincided with David Cameron’s first visit to Ankara, where he lamented the lack of progress on Turkey’s candidature and identified himself as the “strongest possible advocate” for Turkey’s membership bid.