The European microstates are a set of very small sovereign states in Europe. While Andorra, Liechtenstein, Malta, Monaco, San Marino, and Vatican City are usually included, Luxembourg and Cyprus share certain features as well. Microstates are small independent states recognized by larger states, unlike micronations, which are only self-declared and are seldom recognized.
Read more about European Microstates: Economic Policies and Relationship With The European Union, Historical Small Territories, Popular Culture
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“Americans want action for their money. They are fascinated by its self-reproducing qualities if it’s put to work.... Gold-hoarding goes against the American grain; it fits in better with European pessimism than with America’s traditional optimism.”
—Paula Nelson (b. 1945)