10/25/2009

Majority of Icelanders don't want the euro or the EU

The majority of Icelanders don't want to adopt the euro or join the European Union according to the results of a new opinion poll published yesterday (October 24). The poll was produced by the company Miðlun for the news website Pressan.is. The question asked was: "What currency arrangement do you think would best suit Iceland?" Some 55 percent wanted a policy which does not involve EU membership.

Only 24 percent said they though Iceland should adopt the euro by first joining the EU. However, 26 percent said they thought it was best for Iceland to keep its own currency, the króna. Some 29 percent said Iceland should adopt a foreign currency unilaterally, of those only 9 percent wanted the euro. Finally 21 percent were undecided.

If the undecided are excluded some 70 percent of Icelanders do not want to adopt the euro by joining the EU. Only about 30 percent are in favour of that. Even if the 9 percent who want the euro unilaterally are put together with those who want the single currency by first joining the EU it only slightly alters the picture.

On September 15 the results of a poll produced by Capacent for the Federation of Icelandic Industries were published in Iceland showing some 50 percent of Icelanders opposed to joining the EU and 33 percent in favour. The new poll for Pressan.is suggests opposition to EU membership has grown since.

The opinion poll for Pressan.is was carried out September 29 - October 15 and a total of 760 people were polled.

Sources:
Mjög skiptar skoðanir um gengisfyrirkomulag - fjórðungur vill halda krónunni (Pressan.is October 24, 2009)
Fleiri andvígir en hlynntir ESB-aðild (Morgunblaðið September 15, 2009)