The small North Atlantic state of Iceland could become a member of the EU within the next two years if it takes the step of formally applying for membership of the 27-nation bloc.
EU enlargement commissioner Olli Rehn has indicated that the EU would look favourably upon a membership application and would be prepared to make it an EU member within record time, probably at the same time as Croatia in 2011.
"The EU prefers two countries joining at the same time rather than individual...
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