Greenland welcomes major funding boost from EU amid Trump’s annexation threats
CNBC
Greenland welcomes major funding boost from EU amid Trump’s annexation threats
It comes shortly after Icelanders voted to reject restarting EU membership talks and as Trump renews his push to acquire Greenland on national security grounds.
Key Points
The EU is committing €200 million to Greenland, targeting connectivity, clean energy and critical raw materials.
European Commission President Ursula von der Leyen said Europe stands firmly with Greenland as Trump renews his push for U.S. control of the territory.
Denmark says it wants closer cooperation with both the U.S. and European allies on Arctic security and defense.