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The Vatican is the smallest country in the world. However, it is not the oldest as it has only been in existence as a country since 1929. The oldest country in Europe is hard to determine since boundaries, names and governments have change so frequently over thousands of years. Your question would have to declare what basis is to be used. For information on the oldest countries in the world, see the link below.

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Q: What is the world's smallest republic and Europe's oldest existing country?
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