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.
Classic Problem - Reaction - Solution, Destroy the nations economy and currency, get the country screaming and offer the solution "The Euro" and Eu Membership! Wankers!