Iceland Votes on Whether to Restart European Union Membership Talks

Iceland is holding a referendum on August 29 to decide whether to reopen talks on joining the European Union. Supporters argue membership could lower interest rates, stabilize the economy, and strengthen cooperation amid regional security concerns, including U.S. interest in Greenland. Opponents worry about losing control over fisheries, a key economic and cultural asset, and sovereignty. The referendum would only initiate negotiations, with a potential second vote on full membership after talks conclude.