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🇩🇰 Denmark /Economy & Trade

Von der Leyen Pledges Substantial Investment in Greenland

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Ursula von der Leyen said the European Union is ready to make a substantial investment in Greenland, with details due to be presented Monday.
  • The investment is expected to be worth 200 million euros, according to the Financial Times, which cited two unnamed officials.
  • The EU, Greenland and Denmark are expected to sign a new joint declaration expanding cooperation.

Ursula von der Leyen arrived in Nuuk promising Greenland a “substantial” European Union investment, but she did not disclose what the package would contain.

I promised when I was here two years ago that I would come back with a substantial package. Today I can say that I am delivering on that promise.

· Ursula von der LeyenThe European Commission president announced that the EU would provide a substantial investment in Greenland.

“I promised when I was here two years ago that I would come back with a substantial package. Today I can say that I am delivering on that promise,” the European Commission president said. She described the relationship as a long friendship based on shared values and intensive cooperation.

The Financial Times reported on Friday, citing two unnamed officials, that the investment would amount to 200 million euros. The European Union is due to present the details on Monday, when the EU, Greenland and Denmark are also expected to sign a new joint declaration expanding their cooperation.

We have a long friendship, we share the same values, and we have worked intensively together so that we can strengthen the relationship in the years to come.

· Ursula von der LeyenShe described the basis for closer EU-Greenland cooperation.

Greenland’s government leader, Jens-Frederik Nielsen, welcomed the visit as a sign of close friendship and a strong partnership. Danish Prime Minister Mette Frederiksen also attended the visit and said the three parties had worked intensively to bring the EU closer to all parts of the Kingdom of Denmark, including Greenland.

I am very happy and honored to have such distinguished guests in my country.

· Jens-Frederik NielsenGreenland’s government leader welcomed von der Leyen and Denmark’s prime minister to Nuuk.

The planned agreement follows a 2015 declaration that strengthened the strategic partnership between the EU and Greenland. That declaration recognized Greenland’s growing geostrategic and geopolitical importance as climate change makes the Arctic more accessible. Greenland, Denmark and the EU now say they are ready to take the next step, although Frederiksen said some issues still need to be discussed.

We have all three worked intensively to bring the EU even closer to all parts of the Kingdom of Denmark, including Greenland. And now we have reached something substantial.

· Mette FrederiksenThe Danish prime minister described the planned expansion of cooperation.
About this summary

Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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