Hacker News new | ask | show | jobs
by Swenrekcah 533 days ago
I don't believe I have said it is a black/white matter. However I do believe that on balance it would be better to be a full EU member instead of being a quasi-member without any say at all.

I also believe it would be better to be an EU member and part of the eurozone instead of having the flaky economic governance we have historically had.

Like you said the economic pillars of Iceland have become broader and more numerous than only the fisheries, and for all the talk of currency devaluation being beneficial, in effect it simply serves to allow the government and largest exporters offload all effects of economic downturns onto the Icelandic people and small businesses.

It is theoretically possible for Iceland to govern itself in such a way that it is stronger outside the EU than inside. Simply adhering to the Maastricht conditions would perhaps be enough, it just does not seem likely to me that there will ever be enough discipline to do so without actually joining the eurozone.