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Norway To “Buy” Iceland?

Norway, which last controlled Iceland in the 14th century through the Kalmar federation, may seek to buy up the island nation’s debt so it would not join the European Union.

An op-ed in Norwegian paper Dagens Naeringsliv titled, “About Helping Iceland” quotes Norwegian anti-EU expansion advocate Heming Olaussen, who says that there is a broad consensus in favor of lending Iceland enough money to reduce its government’s debts buy back the rights on the fishing fleet.

The article also quotes Norwegian transport minister Liv Signe Navarsete, who agrees with the idea and says no nation should be forced to join the European Union or take up the euro due to a poor economic situation.

It is not clear if Navarsete is only ready to lend Iceland a helping hand to also help Ukraine, Serbia, Croatia, and Turkey avoid joining the EU. Norway could assist its Nordic neighbor by using funds generated through its oil reserves or by raising taxes.

Related posts:

  1. Iceland-Norway Monetary Union Considered
  2. Iceland To Become EU Member by 2011
  3. Norway To Back Palestinian State
  4. Iceland-EU Fast-Track Comments “Bad Timing”
  5. Iceland Constitution Changed For EU Membership

Posted in Independant People.

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5 Responses

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  1. Felix Paladin says

    IJsland voor IJslanders! Iceland for Icelanders! Iceland does not need to be sold out to a nation of Quislings! Be proud as you stood up to the UK during the Cod Wars and don’t let these modern day Vikings loot & plunder your small gem of a nation!

  2. Adolf H says

    Felix = idiot

  3. Quisling? says

    not juts an idiot.
    stupid as hell too!
    a nation of Quislings?? pardon??
    you can’t just randomly write something like that about a country.. some people may believe it.. (:

  4. Odd Oddson says

    A "merger" between Iceland and Norway could make sense. Economic and cultural gains could be plentiful

Continuing the Discussion

  1. Iceland-Norway Monetary Union Considered | The Right Perspective linked to this post on February 4, 2009

    [...] op-ed in Norwegian newspaper Dagens Naeringsliv explores the country buying Icelandic debt as a preventive measure against EU [...]

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