Iceland considers withdrawing EU application – PM

Iceland considers withdrawing EU application – PM

Iceland is planning to formally withdraw its EU application, the country’s prime minister told the national radio station. Reykjavik also wants to lift capitals controls imposed on Iceland by Brussels after a financial crisis hit the country in 2008.

Despite expected public protests, Iceland is going to make a second attempt to withdraw its application to become a member state of the European Union, Prime Minister Sigmundur DaviĆ° Gunnlaugsson said in an interview with Icelandic radio station Bylgjan.