Canary Islands ocean in the middle of the islands of La Gomera, Tenerife and La Palma; where the laurisilva forests grow. The seven major islands, one minor island, and several small islets were originally volcanic islands, formed by the Canary hotspot. The Canary Islands is the only place in Spain where volcanic eruptions have been recorded during the Modern Era, with some volcanoes still active (El Hierro, 2011). Volcanic islands such as those in the Canary chain often have steep ocean cliffs caused by catastrophic debris avalanches and landslides. The Teide volcano on Tenerife is the highest mountain in Spain, and the
Europe within Norway, although it is not autonomous. Not included are the three countries of the United Kingdom with devolved powers and the two Autonomous Regions of Portugal, which despite having a unique degree of autonomy, are not largely self-governing in matters other than international affairs. Areas with little more than a unique tax status, such as Heligoland and the Canary Islands, are also not included for this reason. As a continent, the economy of Europe is currently the largest on Earth and it is the richest region as measured by assets under management with over $32.7 trillion compared to North