From Iceland — Iceland Taking Up Euro "Would Influence" Denmark

Iceland Taking Up Euro “Would Influence” Denmark

Published March 3, 2009

Bertel Haarder, Denmark’s Minister of Education, believes that Iceland
taking up the euro would have a real influence in Denmark, in
strengthening the argument of pro-euro Danes. Haader, himself very pro-EU, believes that the pro-EU community in Denmark “has proven itself to be right”, he told Morgunblaðið.
“We have promised the Danish people a national referendum but we don’t know if that will be this year or the next. it could take some time. We do of course follow closely what Iceland is doing. I believe that a decision from Iceland to join the EU and take up the euro would without a doubt bear witness to how it is more secure to be a part of the EU than not.”
Iceland’s unemployment rate is currently at about 5%. The EU’s unemployment rate is 7.6% overall. It should also be kept in mind that the EU often considers Scandinavia a model for international structure, rather than vice versa.

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