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Sovereignty, farming and fishing: Iceland votes on its future with the EU

Country holds a knife-edge referendum that cuts across political divides on taking step closer to Brussels after Trump threats towards Greenland For a long time, the prospect of becoming the third generation to run his family farm was an exciting one, says Davíð Clausen Pétursson. Icelandic farmers were starting to get higher prices for their meat and milk, debt was no longer an occupational…

Sovereignty, farming and fishing: Iceland votes on its future with the EU

Iceland is holding a referendum on whether or not to restart accession talks with the EU. The vote is taking place amid concerns about the potential impact on the country's farmers and fishing industry. For many Icelanders, the decision is a matter of national identity and sovereignty. The referendum is seen as a chance to regain control over fishing quotas and potentially lower the high cost of living and inflation in the country.

However, some fear that joining the EU could lead to uncertainty and reduced profits for farmers. The two sides of the debate are closely matched, with polls showing support for both "yes" and "no" campaigns. The EU vote has also reignited debates about Iceland's role in the global economy and its future in a highly connected world.

Written by urgent.news from Guardian Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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