[Iceland Monitor] Brexit is good news says President of Iceland

The outcome of the EU referendum in the United Kingdom is good news for Icelanders and presents an opportunity for Iceland and other countries in the North-Atlantic according to the country’s President Ólafur Ragnar Grímsson.

“First and foremost the outcome is the most serious setback the leadership of the European Union has seen for a very long time,” Mr. Grímsson said, “… and a verdict so grim that it is hard to find words to describe this historic event.”

“First of all, it is now obvious that here in the North Atlantic will be a triangle of nations that all stand outside of the European Union: Greenland, Iceland, Great Britain, Faroe Islands and Norway,” says President Grímsson. “This key area in the North will be outside of the influence of the European Union.”

Britain should look North

The decision reached by British voters means that the EEA Agreement that Iceland and Norway have with the EU will become more relevant according to Mr. Grímsson..

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Posted in * International News & Commentary, England / UK