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Iceland Relationship with the European Union: How Iceland Almost Joined the EU – TLDR News

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In 2009 Iceland applied to join the EU following the collapse of their local currency. However, a few years later the country changed its mind and fundamentally shifted their relationship with the union. In this video, we examine why Iceland ever wanted to join, why they changed their mind and how the two sides work together today.

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TLDR is all about getting you up to date with the news of today, without bias and without filter. We want to give you the information you need, so you can make your own decision.

TLDR is a super small company, run few people with the help of some amazing volunteers. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, following and backing on Patreon. Thanks!

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1 – https://www.efta.int/About-EFTA/EFTA-through-years-747
2 – https://ec.europa.eu/world/agreements/downloadFile.do?fullText=yes&treatyTransId=457
3 – https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2003:222:0003:0023:EN:PDF
4 – https://ec.europa.eu/neighbourhood-enlargement/countries/detailed-country-information/iceland_en
5 – https://ec.europa.eu/programmes/erasmus-plus/about/who-can-take-part_en
6 – https://ec.europa.eu/trade/policy/countries-and-regions/countries/iceland/
7 – https://www.bbc.co.uk/news/av/world-europe-15103225
8 – https://www.civitas.org.uk/content/files/MS.22.Iceland.pdf
9 – https://www.euractiv.com/section/enlargement/news/iceland-officially-drops-eu-membership-bid/
10 – https://www.theguardian.com/world/2015/mar/12/iceland-drops-european-union-membership-bid
11 – https://ec.europa.eu/neighbourhood-enlargement/countries/detailed-country-information/iceland_en
12 – https://www.euractiv.com/section/enlargement/news/iceland-officially-drops-eu-membership-bid/
13 – https://www.theguardian.com/world/2015/mar/12/iceland-drops-european-union-membership-bid
14 – https://ec.europa.eu/neighbourhood-enlargement/countries/detailed-country-information/iceland_en
15 – https://mmr.is/evropusambandid
16 – https://www.visir.is/g/2015150329825/taeplega-80-prosent-vilja-thjodaratkvaedagreidslu-um-esb
17 – https://ec.europa.eu/trade/policy/countries-and-regions/countries/iceland/
18 – https://www.theguardian.com/world/2009/jul/16/iceland-parliament-votes-eu-membership
19 – https://www.bbc.co.uk/news/av/world-europe-15103225
20 – https://www.theguardian.com/money/2008/may/04/interestrates.savings
21 – https://www.theguardian.com/money/2008/nov/10/credit-crunch-savings-icesave
22 – http://news.bbc.co.uk/1/hi/uk_politics/7688560.stm
23 – https://www.civitas.org.uk/content/files/MS.22.Iceland.pdf

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39 Comments

39 Comments

  1. @marcelpenuelatraub2343

    March 2, 2024 at 9:58 am

    Brexit was so incredibly stupid!!!

  2. @fredmidtgaard5487

    March 2, 2024 at 9:58 am

    It was the same for Norway. Given the GB's immense threat of sending unlimited fishing vessels to Norwegian waters, we decided not to join. At that time the UK was a member. Of course, we are better outside! No need for all that bureaucracy. The same goes for Iceland. The UK really angered many people here. Do they also want all of the mountain Crouse, the Salmon in the rivers, mining, and oil? No, thank you Brits!

  3. @Zoonjse

    March 2, 2024 at 9:58 am

    Iceland Never "almost" joined. there were talks in the parliament and they agreed to write a memorum, (how ever that Belgian name is spelled). Thats it!. after that f it actually did take place and reiterate with the population. It would go to a referendum. to at which point majority of the people were against. So in few wirds. Iceland was never close to joining. Just as far as Alaska joining.

  4. @myleskgallagher

    March 2, 2024 at 9:58 am

    Half of Iceland is with us in North America, so I say they should become the 52st instead. After Greenland of course 😉

  5. @hanna_GG2

    March 2, 2024 at 9:58 am

    I miss videos like this 🙁

  6. @ems4884

    March 2, 2024 at 9:58 am

    It's really a shame that the EU has not been able to draw Switzerland, Norway and Iceland into the fold. It was a mistake in those early years to offer them access to the EFTA without carrying then over into the EU. Their economies and share of the burden of securing and developing the forever Warsaw Pact nations and the Balkans would have been a tremendous help. Their voices in Brussels might also have helped to prevent the Eurocrisis.

  7. @SatchelChannel

    March 2, 2024 at 9:58 am

    why don't they just ditch fishing and invest in itticolture? You know, fish farms with way more efficency and much less enviromental problems since you're not fishing from the sea reducing biodiversity. Is it so costly to build dozens of fish farms?

  8. @SMiki55

    March 2, 2024 at 9:58 am

    Iceland should unite with Greenland and form a fishing superpower

  9. @dariuszdudka1991

    March 2, 2024 at 9:58 am

    It's time Iceland join the common house of Europe together, together stronger 🇮🇸🇪🇺

  10. @ogerpinata1703

    March 2, 2024 at 9:58 am

    They shall retain exclusivety over their fishing waters and that's it🤷🏻‍♀️

  11. @Mustafa-al-mahmud

    March 2, 2024 at 9:58 am

    no offense but the price is a bit high🙄

  12. @wabalaladabdab

    March 2, 2024 at 9:58 am

    The United Federation of Planets will be sabotaged by f***ing fishing too 🙁

  13. @Robbiewa-bg4lu

    March 2, 2024 at 9:58 am

    Iceland should steer clear of joining the EU.

  14. @Bjarni.H

    March 2, 2024 at 9:58 am

    Does tldr sell Iceland pins?

  15. @TheHollandHS

    March 2, 2024 at 9:58 am

    No wonder they lost that match.
    The English were SIMPING about Iceland.

  16. @gifigi6006

    March 2, 2024 at 9:58 am

    Stupid fish…

  17. @alunevans2377

    March 2, 2024 at 9:58 am

    If Iceland join the EU in future, they can kiss their fishing industry goodbye

  18. @nathanm4444

    March 2, 2024 at 9:58 am

    When he asked the question: who would be eligible to pay for the costs after the collapse of the bank? He didn't make a difference between what the IMF thought was Icelandic tax payers that had to solve the private bank's problem and what Iceland thought was the fault of shareholders who should dissolve the debt. There was actually quite a lot of fuss about that in the international community: could Icelandic citizen be held responsible for a private bank's operations? And then, because the US backed Iceland and the IMF had to polish its reputation, eventually there was an agreement (almost as a publicity stunt.
    He also left out some other important details.
    Still thanks for all the effort @TLDR

  19. @dny9394

    March 2, 2024 at 9:58 am

    If Iceland had joined the EU, just how many fish do you think they would have left after
    the French, Dutch, Belgian and Spanish super-trawlers had run riot? Have a guess.

  20. @prolarka

    March 2, 2024 at 9:58 am

    The tragedy of the commons.

  21. @andrewthomas405

    March 2, 2024 at 9:58 am

    Never join..you woukd sell your souls

  22. @andrewthomas405

    March 2, 2024 at 9:58 am

    I bet the Icelandic’s are happy they didn’t join

  23. @esajpsasipes2822

    March 2, 2024 at 9:58 am

    As a supporter of cooperation and integration, but not like "we must do it asap", but more like "it should slowly make its way, but not too slowly":

    Iceland SHOULD fully join the EU, but in the future, maybe after the fishery and agricultural policies are made "better" (if it ever happens, but that is only in hands of EU voters), and after people there begin to want it (whitch would propably be a consequence of that).

    And also, propably after some clean up in the EU (the two policies would be part of that).

  24. @danielspillett5393

    March 2, 2024 at 9:58 am

    and they had to common sense to avoid that shithouse and not join if only major had given us a referendum instead t5hen blair could not have thrown open the gates to eastern europe flooding my industry with 1.4 million working driving wages down with a large work pool making it an employers market of low wages where the employer has the power instead of a smaller british workforce an employees market less workers = higher wages as the employer has to pay more money to keep the staff my wages dropped from £14.50 an hour to minimum wage 45% drop the EUSSR has been a disaster for the working classes that is why we voted leave the middle class employers have got richer while we get poorer and get more and more labour laws from the EUSSR making our jobs harder

  25. @mrdemocracy7106

    March 2, 2024 at 9:58 am

    Common sense prevailed and Iceland did not joined this corrupt thieving EU cartel run organisation.
    Well done Iceland.

  26. @uzzunov

    March 2, 2024 at 9:58 am

    Never in EU, please 👍

  27. @clovermark39

    March 2, 2024 at 9:58 am

    Sounds like that Icelandic govt had their countries interest at heart.

  28. @kerajit

    March 2, 2024 at 9:58 am

    I think that there is some challenging times ahead, (covid, uk leaving the eu) and EU should focus on strongly convinced members, I think that Iceland having 51% support would be troublesome.
    Btw. would traveling from France or Germany to fish in Iceland waters be more economically viable then fishing on Iceland? I'd think that it takes both time and fuel, to go into Icelandic waters

  29. @od9694

    March 2, 2024 at 9:58 am

    I hate to break it you guys but no self-respecting Irish person would ever wear a badge without the 6-counties

  30. @mortyjansen399

    March 2, 2024 at 9:58 am

    Good for them they stayed away from this circus

  31. @ravfromsweden

    March 2, 2024 at 9:58 am

    What are the numbers in the corner counting?

  32. @Forcystus85

    March 2, 2024 at 9:58 am

    Looking forward to British secession and the start of the Fourth Cod War

  33. @lapatron555

    March 2, 2024 at 9:58 am

    This foreign minister took a desicion for iceland which the icelandic people should have had a say in.

    For me personally the cons of joining the eu are next to none. We get cheaper goods and services and we dont own our fish anyways at the moment

  34. @Mrdresden

    March 2, 2024 at 9:58 am

    Most of Iceland's economic problems over the last three decades have been solved, in large part, by the ability of devaluing the currency. That fact is a stumbling block for any discussion on taking up the euro which, when coupled with the issue of fishing rights, just doesn't seem to add up to a very favourable idea compared to the current situation.

  35. @alberpajares4792

    March 2, 2024 at 9:58 am

    Can europe continuing with the genocide of white people joily?

  36. @rrni2343

    March 2, 2024 at 9:58 am

    just google fishrot files and see why the government wanted out of the eu, and why there was a heavy anti eu propaganda.

  37. @starryk79

    March 2, 2024 at 9:58 am

    Although i am a pro EU citizen i do not see much benefit for Iceland from joining the EU. I am no expert of course but i think the current partnership should be enough for them. It totally makes sense that they stay out of the common fishery policy of the EU.

  38. @michaelgreen1515

    March 2, 2024 at 9:58 am

    Jack I know you're young but look up the Cod wars which weren't actually wars but were very violent and overlapped EEA membership.

  39. @tobbi11

    March 2, 2024 at 9:58 am

    I am all for open borders and trade deals but we just got our independence in 1944 and for the most part aren't big on others telling us what we can and cannot do, The north remembers.

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Other EU

Serbia’s Students Topple Vucic: What Next?

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Pre-order a copy of Too Long: toolong.news/TL010

Pick up a copy of Assembly Required: https://toolong.news/products/assembly-required-hardback
Learn more about the book: https://youtu.be/fuaXoNkzCtY

In this video, we’re going to take a closer look at Sunday’s election in Serbia, what unfolded, and what could happen next.

📰 Too Long: https://toolong.news/
🎉 TLDR Party: https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Source list:

Student List program:
https://studenti.org.rs/en/plan/
https://x.com/studentblokade/status/2105208664881557577?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2105208664881557577%7Ctwgr%5E286dd96e36fbc96dbbcd3184e186b4f05377e279%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.danas.rs%2Fvesti%2Fpolitika%2Fstudenti-o-sankcijama-rusiji%2F
https://x.com/studentblokade/status/2055953192458834226

Election results:
https://www.theguardian.com/world/2026/oct/25/serbian-leader-aleksandar-vucic-concedes-defeat-in-fiercely-contested-parliamentary-election

Election report:
https://crta.rs/en/1215-high-turnout-photographing-ballots-the-most-common-irregularity/

0:00 Serbia’s Students Topple Vucic: What Next?
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Trump’s Plan for a “Tiered” NATO Explained

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Some NATO members are concerned about Trump’s Bergen Group becoming a VIP club. We take a look at whether Trump is trying to split NATO, if he even could, and what it could mean for the future of the alliance.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources:

Allies left out:
https://www.politico.com/news/2026/09/30/trump-nato-allies-left-out-01100310
https://www.euronews.com/2026/10/05/us-meeting-in-poland-excluding-france-uk-baltic-risks-dividing-nato
https://www.yahoo.com/news/politics/articles/britain-excluded-us-talks-nato-120655191.html
https://www.politico.eu/article/european-allies-push-back-against-us-led-nato-vip-club/

“Loyalty test” questionnaire:
https://www.aljazeera.com/news/2026/8/19/pentagon-quizzes-nato-allies-on-political-loyalty-documents-reveal
https://eu.usatoday.com/story/news/world/2026/09/04/us-nato-europe-troops-survey-loyalty-survey/91595311007/

Threat perceptions:
Us on middle east/asia https://www.brookings.edu/wp-content/uploads/2020/11/FP_20201210_indo_pacific_ohanlon.pdf
European threat perceptions:
https://www.lowyinstitute.org/the-interpreter/europe-grappling-its-identity-well-russian-aggression
https://thediplomatinspain.com/en/2025/09/05/spain-and-the-sahel-security-at-stake-after-international-withdrawal/
https://www.jpost.com/international/article-906473

NATO:
https://www.nato.int/en/what-we-do/introduction-to-nato/defence-expenditures-and-natos-5-commitment
https://www.atlanticcouncil.org/blogs/natosource/text-of-speech-by-robert-gates-on-the-future-of-nato/
https://www.atlanticcouncil.org/commentary/trackers-and-data-visualizations/nato-defense-spending-tracker/
https://www.nato.int/en/what-we-do/operations-and-missions/nato-operations-and-missions
https://www.globalfirepower.com/countries-comparison-detail.php?country1=norway&country2=denmark

Bits and bobs that don’t neatly fit into a category:
https://economy-finance.ec.europa.eu/economic-forecast-and-surveys/economic-forecasts/spring-2025-economic-forecast-moderate-growth-amid-global-economic-uncertainty/economic-impact-higher-defence-spending_en
https://www.economist.com/europe/2019/11/07/emmanuel-macron-warns-europe-nato-is-becoming-brain-dead

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Why an ECB Bailout Looks Increasingly Inevitable

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We’re taking another look at France’s fiscal crisis; why it presents the European Central Bank (or ECB) with a difficult dilemma; and why some sort of ECB bailout is perhaps more likely than is commonly assumed.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Sources:
France bond yield data
https://tradingeconomics.com/france/government-bond-yield
https://www.worldgovernmentbonds.com/spread/france-10-years-vs-germany-10-years/

France debt/deficit data:
https://ec.europa.eu/eurostat/en/web/products-euro-indicators/w/2-21102026-bp
https://www.bloomberg.com/news/articles/2026-07-22/france-s-deficit-to-widen-as-economic-growth-slows-imf-says
https://www.imf.org/external/datamapper/GGXCNL_G01_GDP_PT@FM/FM_EMG/FM_LIDC/FRA

Odds for next French presidential election:
https://polymarket.com/event/next-french-presidential-election

Le Pen platform evaluated:
https://www.politico.eu/article/le-pen-unveils-economic-platform-stuffed-with-eye-watering-cuts-but-few-new-ideas/
https://think.ing.com/articles/frances-national-rally-fiscal-plan-faces-major-delivery-risks/

TPI applicability:
https://x.com/lugaricano/status/2106041147567047152

Le Pen on leaving the euro in 2017:
https://www.bbc.co.uk/news/world-europe-38511058

Melenchon partial default plans:
https://www.ft.com/content/1b416427-0e86-40c0-9536-c31d76635313?syn-25a6b1a6=1

Market reaction to “whatever it takes”:
https://www.bruegel.org/policy-brief/effectiveness-european-central-banks-asset-purchase-programme

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Can Trump, Putin and Xi Actually End the War in Ukraine?

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In this video, we’ll discuss what a trilateral deal (between Russia, China and the US) over Ukraine could look like, what motivates the participants and whether the meeting will even happen at all.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Source:

Trilateral meeting details
https://www.reuters.com/world/china/putin-proposes-summit-with-trump-xi-discuss-ukraine-deal-wsj-says-2026-10-19/
https://apnews.com/article/russia-ukraine-witkoff-putin-trump-zelenskyy-talks-3f00c0c6fd10bab948c2c3f8502e0a91?taid=6ad8c19bf6d6f300019ef9ee&utm_campaign=TrueAnthem&utm_medium=AP&utm_source=Twitter
https://apec.org/who-we-are/our-members
https://www.france24.com/en/live-news/20261019-putin-xi-and-trump-could-meet-at-apec-summit-kremlin

China
https://www.csis.org/analysis/russias-turn-china-under-sanctions
https://en.wikipedia.org/wiki/China%27s_Position_on_the_Political_Settlement_of_the_Ukrainian_Crisis
https://www.dw.com/en/germanys-baerbock-says-china-can-help-end-ukraine-war/a-65566298
https://www.reuters.com/world/china/trump-says-he-is-open-joining-trilateral-meeting-with-xi-putin-2026-10-19/
https://www.mfa.gov.cn/eng./xw/zwbd/202609/t20260929_12033002.html
https://www.fmprc.gov.cn/mfa_eng/xw/fyrbt/202610/t20261020_12043752.html

Russia
https://edition.cnn.com/2026/10/20/europe/kyiv-under-pressure-as-trump-and-putin-cozy-up-analysis
https://www.bbc.com/news/articles/c0k1xj0d708o

The US
https://www.nytimes.com/2026/10/19/world/europe/trump-zelensky-putin-ukraine-war.html
https://www.youtube.com/watch?v=sP0tOwHnuSM

Ukraine
https://www.npr.org/2026/10/10/nx-s1-5996938/u-s-and-russia-tout-diesel-deal-to-ease-sanctions-and-reopen-fuel-flows
https://edition.cnn.com/2026/10/20/politics/starshield-ukraine-elon-musk
https://kyivindependent.com/its-significant-ukraine-fears-us-is-withholding-allied-funded-air-defense-supplies-to-pressure-kyiv/
https://www.france24.com/en/live-news/20261019-putin-xi-and-trump-could-meet-at-apec-summit-kremlin

Europe
https://www.reuters.com/world/europe/us-floats-unfreezing-some-russian-assets-restart-ukraine-peace-talks-ft-reports-2026-10-14/
https://www.themoscowtimes.com/2026/10/08/us-and-russia-explore-nord-stream-restart-sources-say-a93916

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How “Macronism” Failed

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In this video, we thought we’d take a look at how it all went wrong for Macron: what he promised when he came to power, why much of it fell apart, and where France seems headed next.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

Source list:

X posts:
https://x.com/EmmanuelMacron/status/2111880065088975333?s=20
https://x.com/JLMelenchon/status/2111882865197625588?s=20
https://x.com/MLP_officiel/status/2111849200379932912?s=20

France finances:

https://tradingeconomics.com/france/government-bond-yield
https://www.ft.com/content/9b252b46-a87c-45e7-a09a-45a39ce077b8?syn-25a6b1a6=1

Protest coverage:

https://www.bbc.co.uk/news/articles/crwyd02yz22vo
https://www.lemonde.fr/en/france/article/2026/10/17/france-faces-day-of-combined-protests_6758706_7.html
https://www.ft.com/content/7bd4ac59-61e6-4604-a96a-26e7096bf768?shareType=nongiftFrance

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