Szeged has beautiful buildings and wide avenues. This is mainly due to the great flood of 1879, which literally wiped away the whole town (only 265 of the 5723 houses remained and 165 people died). Emperor Franz Joseph visited the town and promised that "Szeged will be more beautiful than it used to be". He kept his promise. During the next years a new, modern city emerged from the ruins, with palaces and wide streets. After the First World War Hungary lost its southern territories to Serbia, as a result Szeged became a city close to the border, and its importance
Third-country economic relationships with the European Union is considered part of the EU single market. Iceland has also signed the Schengen treaty. On 16 July 2009, Iceland applied to join the European Union. Liechtenstein joined the EEA in 1995 and participates in the EU single market. Switzerland referendum to join the EEA in 1992 failed, so Swiss products do not participate in the European single market. However the country recently negotiated two series of bilateral agreements with the Union. The first series, Bilateral Agreements I, consists of seven bilateral agreements and was signed in 1999 (entry into force in 2001), the main part being Free Movement of