Faroe Islands a reaction to the growing self-government and independence movements, Denmark finally granted the Faroe Islands home-rule with a high degree of local autonomy on 30 March 1948. In 1973 the Faroe Islands declined to join Denmark in entering the European Economic Community (later absorbed into the European Union). The islands experienced considerable economic difficulties following the collapse of the fishing industry in the early 1990s, but have since made efforts to diversify the economy. Support for independence has grown and is the objective of the Republican Party. The Faroe Islands are an island group consisting of 18 major islands (and
Regions of the Faroe Islands Faroe Islands, more or less following the boundaries of the districts and constituencies. If this happens the Faroe Islands will have left the administrative structure of "parish-municipalities" which was built up in the first half of the 20th century and entered a structure of "regional-municipalities". Furthermore, there was a long-running discussion on reducing or even removing the constituencies. In the end, from the 2008 election onwards, the constituencies were abolished. The regions (sýsla) are not administrative parts of the islands like the municipalities (kommuna), the municipalities charge taxes from the citizens who live there. The regions cannot charge taxes from