The quota recall policy was a prominent issue in the run-up to the election for both of these parties. It was intended 5 percent of quotas would be recalled annually.
According to sources in Iceland, the reason for backtracking on this is the position of many Icelandic fishing companies is difficult and -- with the Icelandic economy in serious difficulties -- both parties prefer to withhold action until such a time when quota holders face real problems.
Almost two weeks after the general election on April 25 pushed the dominating Independence Party into opposition and handed the Social Democrats the obligation of choosing a stable-mate with which to form a coalition government, the pro-Europe Social Democrats and the Left-Greens, who are solidly opposed to EU membership, are still hammering out a policy on possible EU membership both can accept.
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