Faroe Islands the economy remains vulnerable. One of the biggest private companies of the Faroe Islands is the salmon farming company Bakkafrost, which is the largest of the four salmon farming companies in the Faroe Islands and the eighth biggest in the world. Petroleum found close to the Faroese area gives hope for deposits in the immediate area, which may provide a basis for sustained economic prosperity. 13% of the Faroe Islands' national income comes as economic aid from Denmark. This corresponds to roughly 5% of GDP. Since 2000, the government has fostered new information technology and business projects to attract new
Religion in the Faroe Islands is nowadays more widespread and intense among the Faroese. The Faroe Islands became Christianized between 850 and 1000. Evidence exists for conversions by Celtic Christian missionaries as early as 850, but the Catholic Church was not established on the islands by the latter year. The "Færeyinga saga" is often cited with respect to the early spread of Christendom in the islands. The saga states that the king of Norway told Sigmund to go by ship to the Faroe Islands with orders from the King. Sigmund's orders were clear: he was supposed to make the 18 small islands Christian, which is