The incoming administration of Prime Minister Kristrún Frostadóttir, which takes over on Sunday, also said it will set up a panel of experts to look into the advantages and disadvantages of retaining the Icelandic crown over adopting the Euro.

  • queermunist she/her@lemmy.mlEnglish
    414·
    21 hours ago

    Hope they don’t adopt the Euro. Maintaining currency sovereignty is vital to being able to actually run an effective government. Without the ability to print money they’re forced to “balance the budget” and that always means austerity.