Iceland: will EU membership damage its fisheries?

Iceland's government resigned this week and an interim government -- to be headed by the world's first openly gay prime minister -- is expected to take over by Friday. As I report my article in today's Christian Science Monitor, the new ruling party has called for a referendum on European Union membership for Iceland - a move long resisted because of the negative effect it is expected to have on that country's fisheries.

Most sources agreed that EU membership was probably inevitable, as the country needs to replace its tarnished currency, but unless Iceland can win unprecedented concessions, its all-important fishing industry may be undermined.