https://www.dw.com/en/iceland-may-fast-track-vote-on-joining-eu-report/a-76087702. #Iceland is currently a member of #EFTA, & is a member of the #European #Economic Area (EEA; #SingleMarket) & the #Schengen Zone. Joining the #EuropeanUnion would not be a huge step for the country to take.
