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The town of Vágur, on the island of Suðuroy, has a long time tradition of celebrating New Year. The whole preparation starts during the daytime when the petrol cans are gathered on the highway Eggjarvegur opposite to Triangle Square, which is the main location for the party to come. Two gates are then put up, one with the present year on and some wishes for the New Year, and the other one - with the year to come.
Later, around midnight, the procession with torches and flags will pass through the gates and line up on the Triangle Square around the old wrecked wooden boat and sing: "Tíðin rennur sum streymur í á" (English: "Time flows away like the water in a river"). After the singing, they put the boat on fire, and the fireworks start immediately. What an unforgettable experience!