Iceland considers joining European Union in pivotal referendum | ABC NEWS

Icelanders are expected to turn out in record numbers for a referendum on joining the European Union.
Advocates hope EU membership could give the Nordic country economic protection and ease inflation in its economy, while opponents worry about losing Iceland’s exclusive economic rights and independence.
If the yes vote wins, Reykjavík will begin negotiations with the pact and a second referendum will take place to determine the final decision.

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