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Saturday 31 January 2009

Iceland To Be Fast-tracked Into The EU

'Iceland will be put on a fast track to joining the European Union to rescue the small Arctic state from financial collapse amid rising expectations that it will apply for membership within months, senior policy-makers in Brussels and Reykjavik have told the Guardian.

"The krona is dead. We need a new currency. The only serious option is the euro," said a senior Icelandic official.'

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