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
Faroe Islands national football team results Faroe Islands national football team results The Faroe Islands national football team represents the Faroe Islands in association football and is controlled by the Faroe Islands Football Association (FSF), the governing body of the sport in the country. It competes as a member of the Union of European Football Associations (UEFA), which encompasses the countries of Europe. Organised football has been played in the country since the 19th century; Tvøroyrar Bóltfelag was its first club, founded in 1892. Initially, clubs played friendlies to determine the winner of an unofficial championship, with matches being contested home and away, depending on the