Iceland Votes on EU Membership Talks

Icelanders voted on Saturday in a closely contested referendum on whether to reopen negotiations to join the European Union. The vote has divided the country, with polls showing supporters and opponents of renewed talks almost evenly matched. Key issues include the cost of living, high interest rates, national sovereignty and control over fishing waters.

Supporters argue that closer ties with the EU could strengthen Iceland’s economy, potentially ease borrowing costs and provide greater security amid geopolitical tensions. Opponents say EU membership could weaken Iceland’s independence and threaten its control over its valuable fishing industry.

A “yes” vote would only restart negotiations with Brussels, not guarantee EU membership. Iceland would hold a second referendum on any eventual accession agreement. Polling stations close at 2200 GMT, with results expected in the early hours of Sunday. Reuters reports that negotiations could begin by the end of 2026 and take 18 to 24 months.

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