Iceland minister says adopting euro logical step

In an interview with Reuters TV, Iceland’s minister of business affairs, Gylfi Magnusson, noted that joining the EU was a controversial idea, particularly because of its fisheries policy which many Icelanders would not want to subscribe to.

“But if we want a credible currency with a credible central bank to back it up then the euro seems to be the most logical option,” he said.

From Reuters

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