Þjóðhátíð ( ) is an annual outdoor festival held Defending in Vestmannaeyjar , Iceland , on the weekend before the first Monday in August .

The festival has grown Expansion to become the largest multiday festival in Iceland , and one of the largest annual cultural events in the country .

The Cod Wars ( , `` the cod wars '' , or `` Landhelgisstríðin '' , `` the wars for the territorial waters '' ) were a series of confrontations Violence between the United Kingdom and Iceland on fishing rights in the North Atlantic .

The Third Cod War Hostile_encounter concluded Process_end in 1976 , with a highly favourable agreement Sign_agreement for Iceland ; the United Kingdom conceded Agree_or_refuse_to_act to a Icelandic exclusive fishery zone after threats Warning that Iceland would withdraw Escaping from NATO , which would have forfeited Preventing_or_letting NATO 's access to most of the GIUK gap , a critical anti-submarine warfare Hostile_encounter during the Cold War .

The Third Cod War Hostile_encounter concluded Process_end in 1976 , with a highly favourable agreement Sign_agreement for Iceland ; the United Kingdom conceded Agree_or_refuse_to_act to a Icelandic exclusive fishery zone after threats Warning that Iceland would withdraw Escaping from NATO , which would have forfeited Preventing_or_letting NATO 's access to most of the GIUK gap , a critical anti-submarine warfare Hostile_encounter during the Cold War .

Recent studies Research have focused on the underlying economic , legal and strategic drivers for Iceland and the United Kingdom , as well as the domestic and international factors that contributed Causation to the escalation of the dispute Quarreling .

Group B was contested Competition from 24–30 March in Reykjavík , Iceland .

The storm later restrengthened in the northern Atlantic Ocean before merging with another extratropical storm near Iceland on October 16 .

The system turned Motion east while over the north Atlantic and ultimately dissipated Dispersal on August 15 to the south of Iceland .

While Turkey finished Process_end last in Group A and Iceland last in Group B and were relegated Judgment_communication to Division III for 2006 .