Sweden joined the EU, raising the membership total to
15. A new currency, the euro, was launched in world money markets on
1 January 1999; it become the unit of exchange for all of the EU
states except the United Kingdom, Sweden, and Denmark. In 2002,
citizens of the 12 euro-area countries began using the euro
banknotes and coins. Ten new countries joined the EU in 2004 -
Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania,
Malta, Poland, Slovakia, and Slovenia - bringing the current
membership to 25. In order to ensure that the EU can continue to
function efficiently with an expanded membership, the 2003 Treaty of
Nice set forth rules streamlining the size and procedures of EU
institutions. An EU Constitutional Treaty, signed in Rome on 29
October 2004, gave member states two years to ratify the document
before it was scheduled to take effect on 1 November 2006. Referenda
held in France and the Netherlands in May-June 2005 that rejected
the constitution suspended the ratification effort. Despite the
expansion of membership and functions, "Eurosceptics" in various
countries have raised questions about the erosion of national
cultures and the imposition of a flood of regulations from the EU
capital in Brussels. Failure by all member states to ratify the
constitution or the inability of newcomer countries to meet euro
currency standards might force a loosening of some EU agreements and
perhaps lead to several levels of EU participation. These "tiers"
might eventually range from an "inner" core of politically
integrated countries to a looser "outer" economic association of
members.
Falkland Islands (Islas Malvinas)
Although first sighted by an
English navigator in 1592, the first landing (English) did not occur
until almost a century later in 1690, and the first settlement
(French) was not established until 1764. The colony was turned over
to Spain two years later and the islands have since been the subject
of a territorial dispute, first between Britain and Spain, then
between Britain and Argentina. The UK asserted its claim to the
islands by establishing a naval garrison there in 1833. Argentina
invaded the islands on 2 April 1982. The British responded with an
expeditionary force that landed seven weeks later and after fierce
fighting forced Argentine surrender on 14 June 1982.
Faroe Islands
The population of the Faroe Islands i
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