Gunnar Bragi Sveinsson, Iceland's foreign minister gave notice of Iceland's suspension of the application for European Union (EU) membership for an unspecified period, during a meeting in Brussels on Thursday.
He said both parties currently in power in Iceland are against a EU membership. "That's how democracy works," he said.
Under the previous government, Iceland came quite far in its application process. Negotiations were divided into 33 chapters, with about one third of these finalized.
Watch the video of the press conference here.
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