Iceland Confirms Will not Enter EU Membership Talks

Iceland's foreign ministry said the country will not start negotiations with the European Union about joining the bloc, confirming the ruling party's 2013 election promise and formalizing a freeze on accession talks since it came to power. The North Atlantic nation of 325,000 people underwent a financial meltdown in 2008, bringing the country to the verge of bankruptcy after three banks collapsed during the global financial crisis. After it had spoken with EU president Latvia.