Faroe Islands and the European Union Faroe Islands and the European Union The Faroe Islands, a self-governing nation within the Kingdom of Denmark, is not part of the EU, as explicitly asserted by both Rome treaties. The relations of the Faroe Islands with the EU are governed by a Fisheries Agreement (1977) and a Free Trade Agreement (1991, revised 1998). The main reason for remaining outside the EU is disagreements about the Common Fisheries Policy. As explicitly asserted by both Rome treaties, the Faroe Islands are not part of the European Union. This means that free movement of goods, people, capital and services within the EU
Falster the coast. In the 16th century, Falster had a number of farms which were owned by the local nobility but, from 1560 to 1630, they were slowly returned to the crown which once again owned the entire island. Therefore, Falster could therefore be used as the dowry for Frederick III's wife, Sophie Amalie but as a result of the high taxes which resulted, many of the farms were deserted. Falster was managed as a crown estate from 1718 until 1766 when it was sold by auction and divided up into ten large farms, five of which were given large new