Thursday, June 03, 2004

Iceland and the EU

Thingvellir - A source of Icelandic National Pride

Why has Iceland not joined the EU (the same probably applies to Norway and Switzerland)? National pride? Independence? Backwardness?

When one tekes a look at this graph, one word comes to mind: Economics.

Why would 3 of the most prosperous countries in the world join assortment of countires that have either failed economic policies (judging by the numers) or are still poor (the newbies).

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