Pfft, Britain and France already have plenty of islands. No, it is only right that it goes to a country that has none. One that has no islands because it has no land at all any more. Only Yugoslavia has a rightful claim to Greenland. Greenland and Yugoslavia are even roughly the same shape, especially if you just include Albania into Yugoslavia for extra inter-Balkan diplomacy!
Red, white and blue are like the most common country flag colours. USA, UK, Australia, New Zealand, France, Russia, Netherlands, Chile, Cuba, Czechia, Iceland, Laos, Liberia, Luxembourg, North Korea etc. I'm sure you get the point. It seems like most countries aren't particularly creative or daring when it comes to flags. Almost like all the lions and eagles that you see in military or old timey flags and symbols.