EU Unveils Plans To Double Financial Support For Greenland

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The EU Commission wants to provide more financial support to Greenland.

Kringvarp Føroya

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The European Commission will double the EU subsidy to Greenland when the next budget comes into force.  This is what the EU Commissioner for Housing and Energy, Dan Jørgensen, says, according to Ritzau. The Committee plans to allocate Greenland 530 million euros from 2028 to 2034. This corresponds to just under four billion ISK. - We live in a troubled world. This is an EU that takes global responsibility and strengthens ties and cooperation wit…

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Brussels (Belgium), 3 Sept 2025 (AFP) – On Wednesday, the European Union announced its intention to double its funding to 13 overseas countries and territories, including Greenland, at the heart of geopolitical tensions with the United States, in its draft budget for the period 2028-2034. Most of the EU's draft multiannual budget, [...]

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The European Commission has proposed to more than double the financial contribution to Greenland under the new multiannual budget of the European Union. The figure would increase from the current 225 million to 530 million euros for the period 2028-2034. The aim, according to the EU executive, is to strengthen cooperation in critical raw materials, energy and digital integration with the Arctic island, which is not formally part of the EU but is…