This happened on the 17th of August 2000. By so doing, a new facet was added to the varied Faroese economy. For many no doubt, the hope was that this would soon deliver large revenues to the Faroe society

quite large. The ocean is decisive for our existence here. The ocean depicts the very basis for our economy, all our material wealth and all of our culture is reflected and conditioned by the intimate association [...] challenge, presenting innumerable opportunities, rather than a threat towards our culture and our economy. We believe in all modesty, that we do not have so much to offer the world. To the rich and advanced

capacities to participate effectively in the new economy that is so revolutionizing the world today. President Clinton, you once stated that in the "new economy, information, education, and motivation are

Mr Clinton profiled himself as a President who among other aspects tried to balance the country’s economy. He also endeavoured to improve and develop the nation’s educational system and address the national

diversify the economy. We have seen the economy grow and diversify for more than a decade now, since the recovery from the recession of the early 90ies. What must be striking about the Faroese economy, seen from [...] from an outsider’s view, is that we have an extremely tiny economy in a population of just under 50,000, and a total workforce of 26,000, of which 66% are employed in the service sectors, while under 20 [...] high, with a record low unem­ployment rate now at 1.4 %. We have somehow managed to create a viable economy, even though it is very tiny and very remote from most other nations, where the standard of living

myself to anyone and everyone who could spare the time for a cup of coffee. In those early days, the economy was flat, even melancholy, and there were many who welcomed the diversion of a chat, even though [...] that someone from Hawaii could be so enthusiastic about their rain-soaked country with its sodden economy. But I was indeed and the more I went about the country, and the more cups of coffee and sweet cakes

projected, has led to a lucrative tourism industry, which now contributes greatly to the national economy. Our Cultural Heritage as an Attraction The Irish people themselves also received input from the

Creative and Knowledge-Base­d Economy Since late 19th century, when fishery replaced agriculture and wool as a driving force in the Faroese economy, almost all of our economy has been built on fishery and [...] the diversity of our businesses and that we must also rely on a more creative and knowledge-based economy in the future. Effective Communication Strategies are Crucial I believe in the idea of looking toward

and therefore it is difficult to evaluate how large a part of the money flows through the Faroe economy. -“Sindri is of a special nature, which possibly can be compared to the work done by the oil companies

a national mantra. And swim they have, using their powers as a sovereign state to navigate their economy through difficult and dangerous waters. Iceland is the story which, perhaps more than any other,