Iceland is expected to withdraw its application to become a member of the European Union, the Reykjavik Grapevine reported Monday, citing the country's prime minister.
"Participating in EU talks isn't really valid anymore. Both due to changes in the European Union and because it's not in line with the policies of the ruling government to accept everything that the last government was willing to accept. Because of that, we're back at square one," Icelandic Prime Minister Sigmundur David Gunnlaugsson was cited as saying by the magazine.