Faroe Islands and the European Union were to join the EU as is, they might vanish inside the EU, sharing this with the situation of the Shetland Islands and Åland today, and wants the local government to solve the political situation between the Faroes and Denmark first. A major concern is also fishing, which accounts for 90 percent of Faroese exports. As such a large part of their economy, the islands do not want decisions on it being made so far away as they would have so little say in the EU due to their small population. Faroe Islands and the European Union The Faroe Islands,
Geology of the Faroe Islands erupted, plate tectonics has slowly moved the Faroe Islands away from the active volcanic region, which today is concentrated in Iceland and along the Mid-Atlantic Ridge. Meanwhile, the majority of the Faroe–Rockall Plateau has subsided beneath sea level while erosive forces–especially during the last few million years of alternating glacial and interglacial periods–have sculpted the landscape into their present-day shape. The overall thickness of volcanic and intervening rock layers of the Faroe Islands is more than , of which only is located above the present sea level. A deep well in Lopra, Suðuroy, has revealed details of the lower strata.