Greek–Turkish relations January 1822, and after the Battle of Navarino in 1827, the establishment of a Greek state was recognized in the London Protocol of 1828. The first borders of the Greek state consisted of the Greek mainland south of a line from Arta to Volos plus Euboea and the Cyclades islands in the Aegean Sea. The rest of the Greek-speaking lands, including Crete, Cyprus and the rest of the Aegean islands, Epirus, Thessaly, Macedonia and Thrace, remained under Ottoman rule. More than a million Greeks also lived in what is now Turkey, mainly in the Aegean region of Asia Minor, especially
History of the Faroe Islands ships. It was during this period that many Faroese (6%) decided to emigrate, mainly to Denmark. Unemployment rose, up to as much as 20% in Tórshavn, with it being higher in the outlying islands. In 1993 the Sjóvinnurbankin merged with the Faroes Islands' second largest bank, Føroya Banki. A third was declared bankrupt. Meanwhile, there was a growing international boycott of Faroese produce because of the grindadráp (whaling) issue. The independence movement dissolved on the one hand while Denmark found itself left with the Faroe Islands' unpaid bills on the other. Recuperative measures were put in place and largely worked.