EU to double financial support for Greenland, announces Ursula von der Leyen (AP)
EU to double financial support for Greenland, announces Ursula von der Leyen (AP)

The European Union plans to strengthen its partnership with Greenland by doubling its financial support, the President of the European Commission announced on Thursday. Ursula von der Leyen.

In a message posted on X, she affirmed that "Europe and Greenland will always be trusted and reliable partners for each other," adding that Brussels intends to deepen cooperation with this autonomous Danish territory.

This move is part of the EU's growing interest in the Arctic, a strategic region in terms of natural resources, shipping routes, and energy security. Greenland has reserves of critical minerals, such as rare earths, which are essential for the energy transition and cutting-edge technologies.

The decision also comes as Russia and China step up their presence and ambitions in the Arctic, prompting the EU to strengthen its ties with Copenhagen and Nuuk.

While details on the exact amount and allocation of this aid have not yet been specified, the increased European support should concern economic, environmental and scientific cooperation projects.

This doubling of aid illustrates the EU's desire to secure a long-term partnership with Greenland, at the heart of an increasingly coveted geopolitical zone.

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The European Union plans to strengthen its partnership with Greenland by doubling its financial support, the Commission President announced on Thursday.