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Iceland might ditch the kroner for the Canadian dollar (Photo: Magnus Fröderberg / norden.org)

Iceland considers Canadian dollar instead of euro

Iceland's Prime Minister Johanna Siguardardottir has said the tiny Nordic country faces a choice between using the Canadian dollar or the euro.

"The choice is between surrendering the sovereignty of Iceland in monetary policy by unilaterally adopting the currency of another country, or becoming a member of the EU," she said in a speech at the Social Democrat Alliance party convention on Saturday (10 March) in Reykjavik.

A spokesman for the country's foreign ministry on Wednesday c...

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Iceland might ditch the kroner for the Canadian dollar (Photo: Magnus Fröderberg / norden.org)

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