Skip to content
Thursday 23 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,716.97
+1.24%
DAX
25,155.41
0.00%
CAC 40
8,437.89
0.00%
STOXX 50
6,316.99
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Thursday 10 March 2016 10:02 am

EU referendum: Iceland’s Prime Minister says the UK doesn’t have any power in the EU as it is dominated by Germany

By: James Nickerson

Add as a preferred source on Google

The United Kingdom has no real say over decisions made in the European Union, as it is increasingly dominated by German interests, Iceland's Prime Minister has said.

Member states such as the UK, despite their size, are subject to "diminishing power" in the institutions of the European Union, Sigmundur Gunnlaugsson said.

Gunnlaugsson warned that the 28-member bloc's institutions were still very much under the direction of the Franco-German alliance.

Read more: PM to make positive case for EU after "project fear" criticism

“When it comes to the big stuff the decisions are made by two, and increasingly one country," Gunnlaugsson told The Telegraph.

“Others are called to meetings to approve of what has been decided, if not in the afternoon then during the middle of the night.

“This seems to have become the standard way of doing things in Brussels," he added.

Read more: Five "myths" of Brexit dispelled by Rathbones report

Iceland, which is not a member of the European Union, but has access to the Single Market and is free to make bilateral trade deals around the world, is seen by some as a potential model for Britain in a post-Brexit world. 

But those campaigning for the UK's continued membership of the EU say that Iceland is subject to EU regulations without any say in how they are made.

Though Gunnlaugsson would not say what he thinks the UK should do come 23 June, he added Iceland would look for a free trade deal with Britain in any eventuality.

“The UK is one of our most important trading partners and whatever you decide to do we would like to have a free trade deal with you, whether through the EEA or independently” he said.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Tesco Mobile breaches £600m debt facility after reporting failure

  • Nearly 1m people to pay higher tax ‘by stealth’

  • Easyjet shares crash on fears of EU probe

  • UK government probes OpenAI breach after ‘unprecedented’ hack

  • FTSE 100 Segro ‘minded to accept’ £14bn Prologis takeover

More from City PM

  • Andy Burnham is utterly delusional

    Opinion
    Andy Burnham speaking at a press conference, expressing confidence despite challenges, highlighting leadership and resilie...
  • Burnham: I’ll be a pro-business Prime Minister

    Politics
    Andy Burnham speaking at Labour leadership event, addressing the audience with confidence and engaging in political discou...
  • Politicians call for easing of private school stranglehold on elite rugby

    Sport Business
    Getty Images logo on a digital screen, representing the renowned stock photo agency in a business news context.
  • Treasury minister: Meeting Nato defence pledge is Burnham’s job

    Politics
    UK defence strategy meeting, officials discussing military advancements and security measures in a conference room setting
  • Brits wary of EU summer hols as officials refuse to ease new border checks

    Transport & Infrastructure
    Airport delays in Spain
  • RS2 Financial Services GmbH Selected to Participate in ECB Digital Euro Pilot

    Business Wire
  • FlexTrade Expands Portfolio Risk and Analytics Capabilities Through Strategic Partnership with Portx

    Business Wire
  • Burnham premiership begins with decline in job postings

    Economics
    Andy Burnham, Mayor of Greater Manchester, in a professional setting.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook