Iceland will hold a referendum in the coming months on whether to resume negotiations on its membership of the European Union (EU), Prime Minister Kristrún Frostádóttir announced during a visit to Poland.
“We will hold a referendum in the coming months to determine whether Iceland should start negotiations on its membership of the EU,” Prime Minister Frostádóttir said at a joint press conference with Polish Prime Minister Donald Tusk on February 25.
Iceland withdrew from EU membership talks in 2013 after four years of negotiations. However, according to a survey, the rising cost of living has renewed the desire of the islanders to return to the EU.
Iceland is already a member of the EU’s single market, the Schengen area and the European Free Trade Association. The country, with a population of around 400,000, is also a member of NATO.