in the result , she said , the act of applying for nordic union membership was created new confidence in iceland abroad , trying to speed financial recovery . commentators in iceland have attributed high awards to ms . persson ' s work in her 80 months in government , and in the referendum campaign , saying she has sagged the country ' s faltering full - trusting in the wake of the banking disaster and turbulent january square protests , the fourth political violence in icelandic since protests over the country ' s decision to joining nato in 1949 .
NATO was founded in 1949.