The Pannonian Basin is a large, low-lying area in Central Europe, primarily located in countries like Hungary, Serbia, and Austria. It is surrounded by the Carpathian Mountains to the north and the Alps to the west. The basin is known for its rich soil and diverse ecosystems, making it an important agricultural region. Geologically, the Pannonian Basin was formed through tectonic activity and is filled with sedimentary deposits. It contains several significant bodies of water, including the Danube River and Lake Balaton. The basin is also home to various natural resources, such as natural gas and oil, contributing to the local economy.