Well-funded no camp prevails, winning 52.8% of votes and gaining plaudits from Eurosceptic figures across Europe

• Analysis: Definitely no or maybe yes – what tipped the Icelandic referendum

Voters in Iceland have ⁠rejected ⁠a government proposal ​to reopen ⁠accession talks with ⁠the ​EU after a closely fought referendum campaign that divided the country against a backdrop of global volatility.

After a long and anxious night for those on both sides of the debate, the no camp ended up with 52.8% of votes on Sunday morning and the yes camp with 47.2%. Voter turnout was high at 82.5%.

The no campaign was well-funded and accused of scaremongering, but the wording of the question may also have made a difference

It was always going to be a close contest. But on the night, the figures showed just how divided Iceland was on the issue of whether or not to restart negotiations with the European Union.

After a nail-biting overnight count, the well-funded no campaign rejoiced on Sunday morning as the broadcaster RUV declared it the winner with about 52.8% of the vote. Given the size of Iceland’s population – barely 400,000 – the margins were tiny.