Iceland has begun moves toward applying for European Union membership , which Britain and the Netherlands could block . NEW : The Iceland says it is consulting with Britain on further steps . Iceland 's voters repeal a deal to repay savers who lost money when a bank collapsed . Iceland and Netherlands bailed out savers in their countries who lost money . They now want Britain to pay them back .
NEW : The Iceland says it is consulting with Britain on further steps . Iceland 's voters repeal a deal to repay savers who lost money when a bank collapsed . Iceland and Netherlands bailed out savers in their countries who lost money . They now want Britain to pay them back .