Other EU
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
source
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We take a closer look at the state of Hungary’s economy before Magyar took office, why markets are apparently enthused, and ask whether the enthusiasm is actually merited.
📰 Too Long: https://toolong.news/
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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!
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In this video, we’re going to take a closer look at the state of Serbian politics, why a student protest movement gained so much ground in the first place, and whether it actually stands a chance of beating Vucic’s party.
📰 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
https://newunionpost.eu/2026/09/15/student-list-ready-serbia-elections/
Train station canopy collapse:
https://www.aljazeera.com/news/2025/11/1/mass-protests-planned-as-serbia-marks-anniversary-of-train-station-collapse
https://www.railwaypro.com/wp/president-vucic-inaugurates-novi-sad-subotica-high-speed-line/
CRTA report: https://crta.rs/en/first-interim-report-on-long-term-observation/
Snap elections:
https://www.politico.eu/article/serbia-leader-aleksandar-vucic-calls-snap-elections-after-dissolving-countrys-parliament/
https://srpske.rs/en/news/ekonomija/2026/08/02/serbia-600-million-euro-cash-handout-payment-dates
0:00 Serbian Students’ Path to Power Explained
7:40 Sponsor
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In this video, we’ll discuss the EU’s new plan to quietly tax US Big Tech – and whether it could work.
📰 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:
The EU’s plan to capture US Big Tech revenue
https://www.ft.com/content/ad06ed89-f600-4694-8c95-7d53b6d3315b?syn-25a6b1a6=1
https://www.reuters.com/business/retail-consumer/brussels-looks-capture-big-tech-through-tax-large-corporations-ft-reports-2026-10-07/
EU rejects France’s calls for an EU-wide digital services tax
https://www.ft.com/content/e5a76494-71df-4ee0-a85f-b28f2c94ded6?syn-25a6b1a6=1
https://www.vatcalc.com/global/eu-holds-back-on-digital-services-tax-as-us-raises-retaliation-threat/
EU’s proposed CORE mechanism
https://blogs.lse.ac.uk/europpblog/2025/08/28/the-commissions-foray-into-corporate-taxation-a-core-problem-for-the-eu-budget/
https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/eu-budget-2028-2034_en#driving-prosperity-via-competitiveness-research-and-innovation
US exempted from Pillar 2 of OECD’s global minimum corporate tax agreement
https://youtu.be/85voZ2FJhZk?si=6jVOHTB5CBTKvigd
https://www.theguardian.com/business/2026/jan/06/us-exemption-oecd-global-tax-deal-multinational-companies
https://www.theguardian.com/business/2021/oct/08/oecd-deal-imposes-global-minimum-corporate-tax-of-15
G7 statement on global minimum tax
https://www.canada.ca/en/department-finance/news/2025/06/g7-statement-on-global-minimum-taxes.html
https://www.ey.com/en_gl/technical/tax-alerts/canada-g7-releases-statement-on-global-minimum-tax-pillar-two-and-canada-rescinds-digital-services-tax
European Digital Services Taxes (DSTs)
https://taxfoundation.org/data/all/eu/digital-services-taxes-europe/
https://taxfoundation.org/testimony/pillar-one-digital-services-taxes/
https://www.reuters.com/en/germany-seeks-levy-10-tax-online-platforms-like-google-2025-05-29/
Accusations of tax avoidance by Silicon Valley tech companies
https://www.theguardian.com/us-news/2025/apr/15/silicon-six-accused-of-avoiding-almost-278bn-in-us-corporation-taxes-over-10-years
https://itep.org/trump-meta-tesla-alphabet-amazon-obbba-taxes/
https://itep.org/amazon-alphabet-meta-tesla-pro-trump-tech-companies-avoided-taxes/
0:00 The EU’s Sneaky Plan to Tax US Big Tech Explained
7:36 Sponsor
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In this video, we will investigate how Russia uses bots for its influence campaigns, how the recent strikes may have affected Russian bots and what this could mean for Russia.
📰 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!
0:00 Has Ukraine De-Russified the Internet?
7:41 Sponsor
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In this video, we’re going to explain why the Trump-Putin diesel deal is probably illegal; whether it’ll get struck down; and why – either way – it’s a pretty rubbish deal anyway, even from Trump’s perspective.
📰 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
Diesel prices/components
https://tradingeconomics.com/united-states/us-diesel-sales-price-$-per-gallon-w-na-fed-data.html
https://tradingeconomics.com/commodity/brent-crude-oil
https://www.ft.com/content/f117f347-e1e0-457c-83fc-ba4745581bb2?syn-25a6b1a6=1
Fuel vs Dem congressional ballot
https://www.economist.com/graphic-detail/2026/09/17/high-petrol-prices-could-hand-democrats-a-mighty-midterm-victory
Trump Truth Social posts
https://truthsocial.com/@realDonaldTrump/posts/117412435306815143
https://truthsocial.com/@realDonaldTrump/posts/117422699218841250
Zelenskyy comments
https://www.axios.com/2026/10/09/exclusive-zelensky-putin-trump-diesel-deal
https://thehill.com/policy/international/6141601-russia-strikes-ukraine-power-plant/
Laws
https://thehill.com/homenews/house/6140830-fitzpatrick-bill-block-russian-oil/
https://www.congress.gov/bill/117th-congress/house-bill/6968
https://ofac.treasury.gov/sanctions-programs-and-country-information/countering-americas-adversaries-through-sanctions-act-related-sanctions
https://www.congress.gov/bill/119th-congress/senate-bill/5025
Reports that Russia lacks refining capacity
https://www.aljazeera.com/news/2026/10/10/why-is-us-turning-to-russia-for-diesel-despite-sanctions
0:00 Why the Trump-Putin Diesel Deal is Already Falling Apart
7:11 Sponsor
source
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@marcelpenuelatraub2343
March 2, 2024 at 9:58 am
Brexit was so incredibly stupid!!!
@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!
@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.
@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 😉
@hanna_GG2
March 2, 2024 at 9:58 am
I miss videos like this 🙁
@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.
@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?
@SMiki55
March 2, 2024 at 9:58 am
Iceland should unite with Greenland and form a fishing superpower
@dariuszdudka1991
March 2, 2024 at 9:58 am
It's time Iceland join the common house of Europe together, together stronger 🇮🇸🇪🇺
@ogerpinata1703
March 2, 2024 at 9:58 am
They shall retain exclusivety over their fishing waters and that's it🤷🏻♀️
@Mustafa-al-mahmud
March 2, 2024 at 9:58 am
no offense but the price is a bit high🙄
@wabalaladabdab
March 2, 2024 at 9:58 am
The United Federation of Planets will be sabotaged by f***ing fishing too 🙁
@Robbiewa-bg4lu
March 2, 2024 at 9:58 am
Iceland should steer clear of joining the EU.
@Bjarni.H
March 2, 2024 at 9:58 am
Does tldr sell Iceland pins?
@TheHollandHS
March 2, 2024 at 9:58 am
No wonder they lost that match.
The English were SIMPING about Iceland.
@gifigi6006
March 2, 2024 at 9:58 am
Stupid fish…
@alunevans2377
March 2, 2024 at 9:58 am
If Iceland join the EU in future, they can kiss their fishing industry goodbye
@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
@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.
@prolarka
March 2, 2024 at 9:58 am
The tragedy of the commons.
@andrewthomas405
March 2, 2024 at 9:58 am
Never join..you woukd sell your souls
@andrewthomas405
March 2, 2024 at 9:58 am
I bet the Icelandic’s are happy they didn’t join
@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).
@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
@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.
@uzzunov
March 2, 2024 at 9:58 am
Never in EU, please 👍
@clovermark39
March 2, 2024 at 9:58 am
Sounds like that Icelandic govt had their countries interest at heart.
@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
@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
@mortyjansen399
March 2, 2024 at 9:58 am
Good for them they stayed away from this circus
@ravfromsweden
March 2, 2024 at 9:58 am
What are the numbers in the corner counting?
@Forcystus85
March 2, 2024 at 9:58 am
Looking forward to British secession and the start of the Fourth Cod War
@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
@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.
@alberpajares4792
March 2, 2024 at 9:58 am
Can europe continuing with the genocide of white people joily?
@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.
@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.
@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.
@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.