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Topic: Economy of the Faroe Islands


Related Topics

  
  Faroe Islands by net - FO Directory, Overview
The population of the Faroe Islands is largely descended from Viking settlers who arrived in the 9th century.
Faroe Islands Flag - History of the flag and its relationship with the country.
United Kingdom - London - - Mission of the Faroe Islands to the United Kingdom, established as a section at the Royal Danish Embassy in London.
foby.net   (577 words)

  
 faeroe islands map and and map of faeroe islands information page
The rugged Faeroe Islands (18 in all), are in the North Atlantic Ocean, about 250 miles (402 km) directly north of Scotland.
First settled by the Norwegian Vikings, these islands, politically connected to Denmark since the 14th Century, have enjoyed home rule since 1948, and continually strive for full sovereignty.
The Faeroe Island's maps and information pages are currently being revised, and will be posted soon.
www.worldatlas.com /webimage/countrys/europe/faeroe.htm   (413 words)

  
  Faroe Islands / Faroeislands.dk
The Faroe Islands have a population of approx.
The Faroe Islands are dominated by mountains and grass-covered valleys.
The weather on the Faroe Islands is known to be
www.faroeislands.dk /pages/index.htm   (292 words)

  
  Faroe Islands - Wikipedia, the free encyclopedia
Denmark retained possession of the Faroe Islands at the Treaty of Kiel in 1814.
The Faroes and the EU The Faroe Islands are not part of the EU, as explicitly asserted by both Rome treaties.
Moreover, a protocol to the treaty of accession of Denmark to the European Communities stipulates that Danish nationals residing in the Faroe Islands are not to be considered as Danish nationals within the meaning of the treaties.
en.wikipedia.org /wiki/Faroe_Islands   (1468 words)

  
 Faroe Islands   (Site not responding. Last check: 2007-10-28)
The Faroe Islands (Faroese: Føroyar, meaning "Sheep Islands") are a group of islands in the north Atlantic Ocean between Scotland and Iceland.
Denmark retained possession of the Faroe Islands at the Treaty of Kiel in 1815.
The Faroe Islands are an island group consisting of 18 islands, off the coast of Northern Europe, between the Norwegian Sea and the north Atlantic Ocean, about one-half of the way from Iceland to Norway.
www.bidprobe.com /en/wikipedia/f/fa/faroe_islands.html   (531 words)

  
 Faroe Islands - Open Encyclopedia   (Site not responding. Last check: 2007-10-28)
Early in the 11th century Sigmund or Sigmundr Brestisson, whose family had flourished in the southern islands but had been almost exterminated by invaders from the northern, was sent from Norway, whither he had escaped, to take possession of the islands for Olaf Tryggvason, king of Norway.
On April 12, 1940, the Faroes were invaded and occupied by British troops.
The Faroes have a culture very much their own but the closest cultural relatives are Norway, Iceland and Denmark.
open-encyclopedia.com /Faroe_Islands   (658 words)

  
 1000Countries.com: Faroe Islands III: faroe islands, FAROE ISLANDS   (Site not responding. Last check: 2007-10-28)
Denmark - Greenland and the Faeroe Islands - Greenland
Denmark - Greenland and the Faeroe Islands - Greenland Denmark 7.
Faroe Islands - a self-governing colony that is a possession of Denmark in the Faroe Islands Faeroe...
www.1000countries.com /countries_of_the_world/faroe_islands_3.html   (2778 words)

  
 Faroe Islands or Faroes Travel Guide - Europe for Visitors
The 18 islands of the Faroes are in the North Atlantic, between Norway and Iceland.
Although the islands receive heavy Danish subsidies and are nominally part of the Kingdom of Denmark, they have their own parliament, currency, stamps, and customs service.
The economy is based largely on cod fishing, with oil drilling providing a glimmer of hope for a population that has declined through emigration in recent years.
europeforvisitors.com /europe/articles/faroe_islands.htm   (531 words)

  
 Hoppa - Economy in the Nordic Countries   (Site not responding. Last check: 2007-10-28)
Faroe Islands, Economy, Government, Banks The Governmental Bank of the Faroe Islands.
Oslo, Transportation, Economy The main objectives of the Institute are to carry out applied research on issues connected with transport and to promote the application of research results by advising the authorities, the transport industry and the public at large.
Faroe Islands, Vágur, Klaksvík, Geography, Economy, Politics The Center for Local and Regional Development is a research project in the social sciences, which is initally scheduled for three years, from 2000 to 2002.
hoppa.com /eu/nor/Economy   (151 words)

  
 Whaling Information
The language of the Faroe Islands is Faroese, a west Nordic language most closely related to Icelandic, which derives from the language of the Norsemen who settled the islands from Norway and the northern British isles over 1100 years ago.
The Faroe Islands are a self-governing nation within the Kingdom of Denmark, and are currently in the process of negotiating with Denmark to establish sovereignty for the Faroe Islands.
Unlike Denmark, the Faroe Islands are not a member of the EU, but maintain bilateral trade agreements and bilateral fisheries agreements with the EU and number of other countries, including their nearest neighbours, Norway and Iceland.
www.whaling.fo /thefaroeislands.htm   (272 words)

  
 Faroe Islands Encyclopedia Article, Definition, History, Biography   (Site not responding. Last check: 2007-10-28)
He introduced Christianity and, though he was subsequently murdered, Norwegian supremacy was upheld and continued until 1386, when the islands became part of the Kalmar Union and later the double monarchy Denmark–Norway.
The national awakening since 1888 was first struggling for the Faroese language, thus more cultural orientated, but after 1906 more and more politically after the foundation of the political parties of the Faroe Islands.
Faroe is however covered by the Schengen free movement agreement.
www.variedtastes.com /encyclopedia/Faroe_Islands   (1596 words)

  
 Nordic Culture > Emigrating to Northern Europe - Scandinavica.com
The Norwegian economy is dependent on the North Sea oil and gas fields (Norway is the larger oil exporter of the world after Saudi Arabia and Russia).
The economy of the Faroe islands is entirely dependent on fishing exports and on subsidies from Denmark, which supplies half of the government revenues.
The Shetland and the Orkney islands are dependent on finishing and on the oil and gas exploitation in the North Sea.
www.scandinavica.com /culture/society/emigrate.htm   (2443 words)

  
 The Faroe Islands: Faroese History - A part of Randburg
The Faroe Islands became an independent bishopric at the beginning of the 12th century, with its seat at Kirkjubær, which subsequently became the spiritual and cultural centre of the Faroe Islands throughout the Middle Ages.
Economically this was probably the most severe catastrophe in the history of the Faroe Islands, since now the annual rents from half of all the land and one-quarter of the tithe earlier collected by the Faroese church left the country.
The Faroe Islands today are a modern society with comparable living standards to the other Nordic countries, but also face the same profound economic and social problems that threaten the modern welfare state.
randburg.com /fa/general/general_5.html   (1864 words)

  
 Faroe Islands information - Search.com   (Site not responding. Last check: 2007-10-28)
In continuation of this the Løgting was abolished (1816), and the Faroe Islands were to be governed as a regular Danish amt, with the Amtmand as its head of government.
The Faroe Islands status as an Danish amt was brought to an end with the home-rule law, instead the Faroe Islands were given a high degree of self-government, supported by a substantial annual subsidy from Denmark.
The Faroes and the EU The Faroe Islands are not part of the EU, as explicitly asserted by both Rome treaties.
c10-ss-1-lb.cnet.com /reference/Faroe_Islands   (2338 words)

  
 BBC - Guernsey - Island Games - The Faroe Islands
The Faroe Islands are situated in the North Atlantic 430 km south-east of Iceland, 600 km west of Norway and a good 300 km north of Scotland.
The Faroes experienced a massive emigration in 1994 corresponding to 4.4% of the population, resulting in a population decline of 3.7%.
The Faroe Islands have taken part in all the Island Games to date, and were one of the founder members when the Island Games Association was instituted in the Isle of Man during the First Games there in 1985.
www.bbc.co.uk /guernsey/content/articles/2005/07/08/ig05_faroe_islands_feature.shtml   (401 words)

  
 1000Countries.com: Faroe Islands I: faroe islands, FAROE ISLANDS   (Site not responding. Last check: 2007-10-28)
Faroe Islands(Overseas territory of the Kingdom of Denmark)...
The Faroe islands, an archipelago of 18 isles in the North Sea between Iceland and Norway.
Faroe Islands: The North Atlantic's answer to Brigadoon is a land of sheep, cod, and sea birds.
www.1000countries.com /countries_of_the_world/faroe_islands_1.html   (2233 words)

  
 Economy letters
Economy letters are addressed items of mail which meet the weight and size requirements that apply to all letters to Denmark.
Economy letters must not be posted in letterboxes but must instead be taken to the post office or handed to the postman in rural areas.
Economy letters taken to the post office before normal closing time (but no later than 5.30 pm) or given to the postman in rural areas will generally be received by the addressee within three working days of posting; however, economy letters posted on a Thursday or Friday will arrive within four working days.
www.postdanmark.dk /cms/en-us/Private/Letters/Economy_letters.htm   (301 words)

  
 Economy of the Faroe Islands - Definition, explanation
Economy - overview: After the severe economic troubles of the early 1990's, brought on by a drop in the vital fish catch, the Faroe Islands have come back in the last few years, with unemployment down to 5% in mid-1998.
Fishing harbour with ferry connections to Norway, Faroe Islands, Iceland and the Shetland Islands for passengers and cargo.
Fishing harbour with ferry connections to Norway, Faroe Islands, Iceland and the Shetland Islands for...
www.calsky.com /lexikon/en/txt/e/ec/economy_of_the_faroe_islands.php   (530 words)

  
 Denmark (03/07)
Frederiksborg Castle, on a manmade island in a lake north of Copenhagen, was restored after a catastrophic fire in the 1800s and now houses important collections in awe-inspiring splendor amidst impeccably manicured gardens.
However, it was not until 1999 that the economy had fully recovered from the economic downturn in the early 1990s.
The Faroese economy has performed strongly since the mid-1990s with annual growth rates averaging close to 6%, mostly as a result of increasing fish landings and salmon farming and high and stable export prices.
www.state.gov /r/pa/ei/bgn/3167.htm   (5474 words)

  
 FAROE ISLANDS FACTS AND INFORMATION
Early in the 11th_century Sigmund or Sigmundur_Brestirson, whose family had flourished in the southern islands but had been almost exterminated by invaders from the northern, was sent from Norway, whence he had escaped, to take possession of the islands for Olaf Tryggvason, king of Norway.
The national awakening since 1888 was first struggling for the Faroese_language, thus more cultural oriented, but after 1906 more and more politically after the foundation of the political_parties_of_the_Faroe_Islands.
The Faroe Islands are not part of the EU, as explicitly asserted by both Rome treaties.
www.beatlesfacts.com /Faroe_Islands   (1287 words)

  
 faeroe islands map and and map of faeroe islands information page
The rugged Faeroe Islands (18 in all), are in the North Atlantic Ocean, about 250 miles (402 km) directly north of Scotland.
First settled by the Norwegian Vikings, these islands, politically connected to Denmark since the 14th Century, have enjoyed home rule since 1948, and continually strive for full sovereignty.
Many of the inhabitants live in and around the Thorshavn area, the administrative capital and largest city in the islands.
worldatlas.com /webimage/countrys/europe/faeroe.htm   (413 words)

  
 Denmark.dk: Official website - Denmark - Greenland & The Faroe Islands   (Site not responding. Last check: 2007-10-28)
But the Faroe Islands in the North Atlantic and Greenland, which is part of the North American continent, also belong to Denmark.
Greenland and the Faroe Islands both have home rule, a scheme which leaves most of the important decision-making to the local parliaments, the Lagting in Tórshavn on the Faroe Islands and the Greenland Landsting in Nuuk.
Both Greenland and the Faroe Islands elect two representatives for the Danish parliament, the Folketing, in Copenhagen.
denmark.dk /greenland_and_the_faroe_islands   (224 words)

  
 AMAP Greenland and the Faroe Islands 1997-2001
The Faroe Islands are situated in the North Atlantic 430 km south-east of Iceland, 600 km west of Norway and a good 300 km north-west of Scotland, in the same time zone as Britain.
The islands are of volcanic origin and are part of the North Atlantic basalt region extending from Ireland to Greenland.
Since 1948 the Faroe Islands have had a special autonomy status within the Kingdom of Denmark, viz home rule, seeking a balance between, on the one hand, the national uniqueness of the Faroe Islands and, on the other, maintenance of the union with Denmark.
www.mst.dk /udgiv/publications/2003/87-7972-477-9/html/kap06_eng.htm   (3688 words)

  
 Faroe Islands Economy Faroe Islands, Information Faroe Islands, Visitors Faroe Islands, Business Faroe Islands   (Site not responding. Last check: 2007-10-28)
The economy is a non-diversified economy extremely dependent on the fishing industry.
The collapse of the fishing industry in the early 1990s and the banking crisis from 1992 to 1998 devastated the Faroese economy, reducing GDP to two-thirds of its size in the 1980s.
The economy is growing strongly (10 per cent in 2003) and the Danish income transfer to the Faroes has been reduced from 25 per cent of the economy to 10 per cent.
www.wi-countries.com /cy/2278-265-78   (205 words)

  
 field - Economy - overview - Cape Verde   (Site not responding. Last check: 2007-10-28)
The economy is service-oriented, with commerce, transport, tourism, and public services accounting for 72% of GDP.
More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion.
Chile's economy began a slow recovery in 2003, growing 3.2% and accelerated to 5.8% in 2004.
www.exxun.com /enec/fd_economy_oview_8.html   (1061 words)

  
 Útgávur - Ólavur Christiansen
“Contains clarifications of the reasons for the rough imbalance, which arose in the Faroese economy through the 1980ties, and which lead to an acceleration of the economic crises at the beginning of the 1990ties.
The author analyses the dislocations of the economy, which resulted in considerable bad investments and borrowing for the community, and identifies the reasons for this development:
The author anticipates a failure of the economy, unless the necessary adjustments are made, and points out the necessity of tightening of the fiscal policy, reorganisation of the taxation of interest, improved leadership quality (in business as well in the public sector), as well as establishment of greater political responsibility in the democracy.”
www.setur.fo /00099/00124/00209/00217/default.asp   (686 words)

  
 The Economy of the Faroe Islands is Dependent on Fishing - Danish Exporters
The economy of the Faroe Islands is overwhelmingly dependent upon fisheries.
The Faroe Islands are highly dependent on trade with the outside world.
Imports to the Faroe Islands fell from 2003 to 2004 by DKK 1,1 billion on the previous year.
www.danishexporters.dk /scripts/danishexporters/economyFaroe.asp?landekode=GB   (283 words)

  
 Global Harvest Ministries   (Site not responding. Last check: 2007-10-28)
Researchers believe that the earliest settlers to the Faroes were Celtic Irish monks during the 6th and 7th centuries.
It is interesting to note that the Faroes received this recognition the same year that Israel became a nation.
On the Faroe Islands it is believed that every ninth night these 'seal-folk' shed their skins and dance on the beaches.
www.globalharvestministries.org /index.asp?action=faroeisle   (702 words)

  
 IGA - NatWest Island Games
The islands are of volcanic origin and part of the North Atlantic basalt region stretching from Ireland to Greenland.
The sea around the Faroe Islands is influenced by the meeting of the warm Gulf Stream and cold northern currents, rich in nutritional matter.
Following protracted negotiations, which led to a referendum in the islands in 1946 and a subsequent election to the Løgting, agreement was finally reached on the Home Rule system of 1948, which defines the Faroe Islands as a ‘self governing community within the Kingdom of Denmark’.
www.islandgames.net /content/members/faroes.html   (1647 words)

  
 History of Faroe Islands   (Site not responding. Last check: 2007-10-28)
The bishops of the Faroe islands were usually chosen from the canons of Bergen, and were originally suffragans of Hamburg-Bremen, later of Lund (1104), finally (since 1152) of the Primate of Norway in Trondjem.
This is am archipelago of 17 inhabited islands and one uninhabited island, and a few uninhabited islet.
However, the total dependence on fishing makes the Faroese economy extremely vulnerable, and the present fishing efforts appear in excess of what is a sustainable level of fishing in the long term.
www.historyofnations.net /europe/faroeislands.html   (459 words)

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