The Kingdom of Denmark is a unitary constitutional monarchy with Margrethe II as queen regnant, organised in a parliamentary democracy. Ending absolute monarchy introduced in 1660, the Constitution of Denmark was signed on 5 June 1849, only to be rewritten four times; the latest revision in 1953. The unicameral parliament, the Folketing, resides in the capital of Copenhagen, together with judicial, executive, and legislative powers. Denmark exercises hegemonic influence in the Danish Realm, devolving political powers to handle internal affairs to the Faroe Islands and Greenland. Denmark became a member of the European Union in 1973, maintaining four opt-outs from European Union policies, as outlined in the 1992 Edinburgh Agreement. Both the Faroe Islands and Greenland remain outside the Union.
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