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The United States is gauging how Donald Trump's ambitions for Greenland are weighing on the Icelandic election, with the national press almost unanimously placing this geopolitical shadow at the center of the narrative.

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France is closely watching the Icelandic referendum, particularly in terms of fishing, a sensitive issue rooted in the country's history of cod wars, ahead of potential threats from Trump regarding Greenland.

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Ottawa is gauging the Icelandic referendum in light of its own Arctic vulnerability, given the ambitions expressed by Donald Trump regarding Greenland

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Canberra takes away from the Icelandic referendum less the issue of sovereignty than that of the key interest rate: 8 percent compared to 2.25 percent in the euro zone, the argument that mobilizes the "yes" camp.

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Singapore takes away from this Icelandic referendum less of an electoral verdict than a reflection of its own condition as a small state without a military, forced to choose sides between unpredictable major powers.

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London is holding onto the outcome of this neck-and-neck vote, reflecting its own fishing disputes with Reykjavik, more so than the security dimension that initially prompted the snap election.

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Rome is taking away from the Icelandic referendum less the issue of sovereignty than that of the wallet: an 8% interest rate, the euro, and fishing are weighing in the balance as much as the uncertainty of the vote.

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Dhaka is gauging the Icelandic referendum in terms of interest rates and the cost of living, rather than the security threat posed by neighboring Greenland.

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Oslo sees in this Icelandic vote the risk of growing isolation for Norway, the only major wealthy nation that would remain outside the EU if Reykjavik were to take the step.

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Berlin takes away from this Icelandic referendum less a debate on fishing than a test of transatlantic solidarity in the face of Trump's threats to Greenland, and notes that its own media outlets are contradicting each other on the outcome of the vote.

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Copenhagen is closely watching a suspended Icelandic vote, where the shadow of Trump's threats to Danish Greenland carries more weight than fishing or the euro.

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Stockholm views this Icelandic vote as a Nordic security test: the Swedish press links the extremely close election to American threats over Greenland more than to the sole issue of fishing.

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Reykjavik reads its own referendum in the vocabulary of sovereignty, used by both camps, and focuses on what the result concretely changes for an application suspended since 2013 without ever having been withdrawn.

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Madrid tells the Icelandic referendum as the consequence of an international environment turned uncertain: Donald Trump's threats over Greenland, Arctic tensions and doubts about transatlantic alliances brought forward by a year a vote planned for 2028.

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Bern watches the Icelandic vote as a mirror of its own equation: a country already tied to the single market by an agreement, weighing what it would gain and what it would give up by joining in full, fisheries and monetary policy first.

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Bucharest dissects the mechanics of the Icelandic campaign — a well-funded no camp, fishing and agriculture raised into markers of national identity, a rift between the capital and the countryside — and follows hour by hour a count that swung overnight.

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Moscow casts the Icelandic vote in terms of sovereignty traded for stability, and relays the satisfaction of a Russian presidential envoy at a refusal it presents as a rebuke to the European Union.

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