A Loan, Not a Gift: On the Prime Minister, the Euro, and the Promise of Lower Interest Rates

This analysis critiques Iceland’s Prime Minister’s arguments for EU membership regarding monetary sovereignty. It emphasizes that historical examples show joining the euro could lead to lower initial interest rates but also hidden risks, mispricing, and inflation issues. The author advocates for domestic reforms instead of abandoning currency sovereignty.

Shallow water life thrives near Mayotte Island near Madagascar. (Photo by Gaby Barathieu / Ocean Image Bank)

Unlocking the Ocean’s Economic Potential with Technology

The ocean economy is a vital yet underappreciated global system, contributing approximately USD 2.6 trillion in 2020. Advancements in technology, including AI and sensor networks, have begun transforming this sector, enhancing productivity and enabling sustainable growth. Invested wisely, this can unlock new markets and improve ecological outcomes.

Startup Iceland

Building a vibrant, sustainable and antifragile entrepreneurial ecosystem in Iceland

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