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.

  • wolfpack86@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    14 hours ago

    Discussions on retaining ISK over the euro are not based on how difficult it is to swap the currency or change systems that use cash.

    It’s about retaining control over monetary policy, which is centrally decided in the eurozone.