Faroe Islands a reaction to the growing self-government and independence movements, Denmark finally granted the Faroe Islands home-rule with a high degree of local autonomy on 30 March 1948. In 1973 the Faroe Islands declined to join Denmark in entering the European Economic Community (later absorbed into the European Union). The islands experienced considerable economic difficulties following the collapse of the fishing industry in the early 1990s, but have since made efforts to diversify the economy. Support for independence has grown and is the objective of the Republican Party. The Faroe Islands are an island group consisting of 18 major islands (and
Extreme points of the Faroe Islands which makes use of the World Geodetic System (WGS) 84, a geodetic reference system. Extreme points of the Faroe Islands The extreme points of the Faroe Islands include the coordinates that are further north, south, east or west than any other location in the Faroe Islands; and the highest and the lowest elevations in the territory. The latitude and longitude are expressed in , in which a positive latitude value refers to the northern hemisphere, and a negative value refers to the southern hemisphere. Similarly, a positive longitude value refers to the eastern hemisphere, and a negative value refers to