You paid 20 euros, Danish taxpayers paid the rest. The 50k people in the Faroes are subsidized to the tune of 100m a year, which comes out to over $2k/person/year.
Update: Math fixed. That's actually less than I thought...
Update: Math fixed. That's actually less than I thought...
I'm honestly baffled that it's so low.
I think it's safe to assume that the reason that Denmark does so is to assert territorial control over sub-oceanic resources that are hypothesized to exist. It's probably a sound investment.
Surely one does not need to be jaded to think that there is a reason other than altruism that makes Danish politicians vote in favor of paying this subsidy each year.