RATS SWIM TOWARDS SINKING SHIP

July 16, 2009 at 4:25 pm

Did you see that the Parliament in Iceland has voted by a narrow majority to set in motion an application to join the European Union, after five days of gruelling debate?

Prime Minister Johanna Sigurdardottir of the Social Democrats has also been pushing for the adoption of the euro as the Nordic country’s currency. The bid must now be approved by the EU, after which Iceland’s people will be asked to vote on it in a referendum.

Are they gluttons for punishment? Perhaps it is the weather? Either way, applying for membership of the failing Euroclub seems odd to me but I suppose if it saves the necks of a few politicians then handing over national sovereignty is a minor price to pay. Wonder what Bjork thinks? It’s all so quiet from her, these days…