Iceland has traditionally been ambivalent about joining the bloc but issues like the 2008 financial crisis, Brexit and a range of domestic issues has meant the country is slowly warming to the idea of membership.
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00:00Iceland's new government has said it aims to put the question of EU membership to a
00:06referendum by 2027.
00:09The incoming administration of Prime Minister Kristján Fróstadóttir, which takes over
00:13on Sunday, also said it will set up a panel to look into the benefits of joining the Eurozone.
00:19According to a poll conducted by market research company Maskena in June, support for EU membership
00:25among Iceland's population is growing.
00:27That poll found just over 54% of respondents were in favour of joining the bloc, with the
00:33majority saying they thought households would be financially better off as part of the EU.
00:38Fróstadóttir, who is the leader of the centre-left Social Democratic Alliance, also said she
00:43aims to cut inflation and interest rates.
00:47Her party won November's snap elections, called after the previous coalition government led
00:52by Bjarne Benediktsson collapsed due to infighting.