Stockholm is the capital of Sweden and the largest city of Fennoscandia. It is located on Sweden's south-central east coast, where the freshwater Lake Mälaren flows out into the Baltic Sea. The central parts of the city consist of fourteen islands that are continuous with the Stockholm archipelago. The geographical city centre is situated on the water, in Riddarfjärden bay. Over 30% of the city area is made up of waterways and another 30% is made up of parks and green spaces which makes the city resemble Venice.