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Iceland votes to reject the EU as fisheries worry prevails

Iceland, which won independence from Denmark in 1944, is among the world's richest countries per capita.

Iceland votes to reject the EU as fisheries worry prevails

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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