considerable funds to bring Eastern productivity and wages
up to Western standards. In January 1999, Germany and 10 other EU
countries introduced a common European exchange currency, the euro.

Ghana
Formed from the merger of the British colony of the Gold Coast
and the Togoland trust territory, Ghana in 1957 became the first
sub-Saharan country in colonial Africa to gain its independence. A
long series of coups resulted in the suspension of the constitution
in 1981 and a ban on political parties. A new constitution,
restoring multiparty politics, was approved in 1992. Lt. Jerry
RAWLINGS, head of state since 1981, won presidential elections in
1992 and 1996, but was constitutionally prevented from running for a
third term in 2000. John KUFUOR, who defeated former Vice President
John ATTA-MILLS in a free and fair election, succeeded him.

Gibraltar
Strategically important, Gibraltar was reluctantly ceded
to Great Britain by Spain in the 1713 Treaty of Utrecht; the British
garrison was formally declared a colony in 1830. In a referendum
held in 1967, Gibraltarians voted overwhelmingly to remain a British
dependency. Although the current 1969 Constitution for Gibraltar
states that the British government will never allow the people of
Gibraltar to pass under the sovereignty of another state against
their freely and democratically expressed wishes, a series of talks
were held by the UK and Spain between 1997 and 2002 on establishing
temporary joint sovereignty over Gibraltar. In response to these
talks, the Gibraltarian Government set up a referendum in late 2002
in which a majority of the citizens voted overwhelmingly against any
sharing of sovereignty with Spain. Since the referendum, tripartite
talks have been held with Spain, the UK, and Gibraltar, and in
September 2006 a three-way agreement was signed. Spain agreed to
allow airlines other than British to serve Gibraltar, to speed up
customs procedures, and to add more telephone lines into Gibraltar.
Britain agreed to pay pensions to Spaniards who had been employed in
Gibraltar before the border closed in 1969. Spain will be allowed to
open a cultural institute from which the Spanish flag will fly.

Glorioso Islands
A French possession since 1892, the Glorioso
Islands are composed of two lushly vegetated coral islands (Ile
Glorieuse and Ile du Lys) and three rock islets. A military garrison
ope