EU to give Greenland a cash boost amid Trump annexation drive
NUUK: European Commission President Ursula von der Leyen is expected to unveil on Monday a boost in EU investments in Greenland and closer political ties with the Danish Arctic territory, which Donald Trump has insisted should belong to the United States.
EU President Ursula von der Leyen is set to announce increased investments and closer political ties for Greenland on Monday. The US-led push to annex Greenland, backed by President Donald Trump, has been met with strong rebuffs from both the Greenlandic and Danish governments. The 27-nation European Union is expected to fund projects in critical minerals, satellite communications, and renewable energy, sectors which will benefit from the melting ice revealing new shipping routes and mineral wealth.
Von der Leyen's visit to Greenland, her first as EU head, underscores the region's growing geopolitical significance to major powers like the US, Russia, China, and Europe. The EU has historically provided financial support to Greenland, primarily for fishing rights and education.
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