Iceland is facing a major decision, with a referendum on their potential EU membership, which will be held by 2027. This debate touches upon issues such as immigration, economics and sovereignty. But…
With all the disadvantages, namely you lose monetary sovereignty and just because it's the same currency doesn't mean it's worth the same across the bloc.
Dunno either...UK did it, maybe the EU changed the rules so they can better control the states, wouldn't surprise me.
Iceland cold pull a Norway though, probably a better approach.