Iceland
Over the weekend the 390,000 people of Iceland who number almost the same as the most populous London Borough of Croydon have cast their votes in a snap election that will likely unseat the current coalition and replace it with another one composed of Social Democrats and the Liberal Reform party. Cost of living is the main issue which has been compounded by a fall in tourism and that means that like the other debutante EU accession countries, Iceland is also split on the merits or otherwise of becoming a member of the bloc. Although Iceland has a high GDP per capita on the back of its fishery and aluminium production industry fuelled by cheap geo thermal hydro electric power so it would qualify under EU membership rules, its citizens are not sufficiently convinced of the merits of hitching their wagon to the EU train.
GBP/EUR 1.2039.