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
Nykøbing Falster Hat" in Danish) is in existence today. From 1970 to 2006, Nykøbing was the administrative seat of the former county of Storstrøm. On 1 January 2007, the former Nykøbing Falster municipality merged with Nysted, Nørre Alslev, Sakskøbing, Stubbekøbing, and Sydfalster municipalities to form Guldborgsund municipality. This "Kommunalreformen" ("The Municipality Reform" of 2007) created a municipality with an area of and a total population of 63,533 (2005) and will belong to the new Region Sjælland ("Zealand Region"). The former Nykøbing Falster municipality covered an area of with a total population of 25,483 (2005). The city has a few noteworthy buildings, including