Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Greenland's independence gradualists win election amid Trump control pledge
    Headlines

    Greenland's independence gradualists win election amid Trump control pledge

    Published by Global Banking & Finance Review®

    Posted on March 11, 2025

    6 min read

    Last updated: January 24, 2026

    Greenland's independence gradualists win election amid Trump control pledge - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:financial communityinvestmenteconomic growthfinancial stabilityinternational organizations

    Quick Summary

    Greenland's Demokraatit party wins election, advocating gradual independence amid Trump's control pledge, impacting Arctic geopolitics.

    Greenland's Demokraatit Party Wins Election, Advocates Gradual Independence

    By Jacob Gronholt-Pedersen and Tom Little

    NUUK, Greenland (Reuters) -Greenland's pro-business opposition Demokraatit party, which favours a slow approach to independence from Denmark, won Tuesday's parliamentary election that was dominated by U.S. President Donald Trump's pledge to take control of the island.

    Demokraatit secured 29.9% of the votes with all ballots counted, up from 9.1% in 2021, ahead of the opposition Naleraq party, which favours rapid independence, at 24.5%.

    Since taking office in January, Donald Trump has vowed to make Greenland - a semi-autonomous territory of Denmark - part of the United States, saying it is vital to U.S. security interests, an idea rejected by most Greenlanders.

    The vast island, with a population of just 57,000, has been caught up in a geopolitical race for dominance in the Arctic, where melting ice caps are making its resources more accessible and opening new shipping routes. Both Russia and China have intensified military activity in the region.

    "People want change ... We want more business to finance our welfare," said Jens-Frederik Nielsen, Demokraatit's leader and a former minister of industry and minerals.

    "We don't want independence tomorrow, we want a good foundation," Nielsen told reporters in Nuuk.

    He will now hold talks with other parties to try and form a governing coalition.

    The ruling Inuit Ataqatigiit party and its partner Siumut, which also seek a slow path towards independence, won a combined 36% of votes, down from 66.1% in 2021.

    "We respect the election outcome," Prime Minister Mute Egede of the Inuit Ataqatigiit said in a Facebook post, adding that he would listen to any proposals in upcoming coalition talks.

    Greenland is a former Danish colony and has been a territory since 1953. It gained some autonomy in 1979 when its first parliament was formed, but Copenhagen still controls foreign affairs, defence and monetary policy and provides just under $1 billion a year to the economy.

    In 2009, it won the right to declare full independence through a referendum, even though it has not done so out of concern living standards would drop without Denmark's economic support.

    "I strongly believe that we will very soon start to live a life more based on who we are, based on our culture, based on our own language, and start to make regulations based on us, not based on Denmark," said Qupanuk Olsen, candidate for the main pro-independence party Naleraq.

    Inge Olsvig Brandt, a candidate for the ruling Inuit Ataqatigiit party, said:

    "We don't need the independence right now. We have too many things to work on. I think we have to work with ourselves, our history, and we are going to have a lot of healing work with us before we can take the next step."

    Voting had been extended by half an hour at some of the 72 polling stations across the Arctic island, where some 40,500 people were eligible to cast their ballot, although the final turnout was not immediately available.

    INUIT PRIDE

    Trump's vocal interest has shaken up the status quo, and coupled with the growing pride of the Indigenous people in their Inuit culture, put independence front and centre in the election.

    In the final debate on Greenland's state broadcaster KNR late on Monday, leaders of the five parties currently in parliament unanimously said they did not trust Trump.

    "He is trying to influence us. I can understand if citizens feel insecure," said Erik Jensen, leader of government coalition partner Siumut.

    A January poll suggested a majority of Greenland's inhabitants support independence, but are divided on timing.

    Early on, the election campaign focused on the anger and frustration aimed at historical wrongdoings by Denmark, according to Julie Rademacher, a consultant and former adviser to Greenland's government.

    "But I think the fear of the U.S. imperialist approach has lately become bigger than the anger towards Denmark," said Rademacher.

    Reuters spoke to more than a dozen Greenlanders in Nuuk, all of whom said they favoured independence, although many expressed concern that a swift transition could damage the economy and eliminate Nordic welfare services like universal healthcare and free schooling.

    "We don't want to be part of the U.S. for obvious reasons; healthcare and Trump," said Tuuta Lynge-Larsen, a bank employee and Nuuk resident, adding that this election was especially important. "We don't like the attention, to put it short."

    The island holds substantial natural resources, including critical minerals such as rare earths used in high-tech industries, ranging from electric vehicles to missile systems.

    However, Greenland has been slow to extract them due to environmental concerns, severe weather, and China's near-total control of the sector, which has made it difficult for companies elsewhere to make a profit or secure buyers.

    INVESTMENT PLEDGES

    Trump initially declined to rule out military force to take control of the territory, alarming many Greenlanders, although he later softened his stance, stating he would respect the will of the local people and was "ready to invest billions of dollars" if they joined the U.S..

    Egede has stressed the island is not for sale and advocated for a broad coalition government to resist external pressure. In an interview aired on Monday by Danish broadcaster DR, he dismissed Trump's offer as disrespectful, expressing willingness to cooperate with other countries instead.

    Denmark's prime minister has said Greenland is not for sale, but made it clear that it is up to the local people to decide their future.

    All six main political parties support independence but differ on how and when it could be achieved.

    The pro-independence Naleraq party, the leading opposition force, had gained momentum ahead of the election, bolstered by U.S. interest and fresh accusations of Denmark's historic exploitation of Greenland's mineral wealth.

    The party believes the U.S. attention strengthens Greenland's position in secession talks with Denmark and aims to bring a deal with Copenhagen to a vote before the next election in four years.

    (Reporting by Tom Little and Jacob Gronholt-Pedersen; additional reporting by Louise Rasmussen, Johan Ahlander, Stine Jacobsen and Terje Solsvik; Editing by Sharon Singleton, Alexandra Hudson, Gerry Doyle and Kate Mayberry)

    Key Takeaways

    • •Demokraatit party wins Greenland election with 29.9% votes.
    • •Party advocates gradual independence from Denmark.
    • •Trump's interest in Greenland influences election dynamics.
    • •Geopolitical tensions rise in Arctic region.
    • •Greenland's autonomy and economic concerns highlighted.

    Frequently Asked Questions about Greenland's independence gradualists win election amid Trump control pledge

    1What party won the recent election in Greenland?

    The pro-business opposition Demokraatit party won the parliamentary election with 29.9% of the votes.

    2What is the stance of the Demokraatit party regarding independence?

    The Demokraatit party favors a gradual approach to independence from Denmark, seeking to build a solid foundation first.

    3How has Donald Trump influenced Greenland's political landscape?

    Trump's interest in Greenland has shaken up the status quo, putting independence at the forefront of the election debate.

    4What are the concerns regarding a swift transition to independence?

    Many Greenlanders express concern that a rapid transition to independence could harm the economy and eliminate necessary support from Denmark.

    5What resources does Greenland possess that are of interest?

    Greenland holds substantial natural resources, including critical minerals like rare earths, which are vital for high-tech industries.

    More from Headlines

    Explore more articles in the Headlines category

    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    View All Headlines Posts
    Previous Headlines PostAustralian surfer feared dead after shark attack, police say
    Next Headlines PostOnly seven countries met WHO air quality standards in 2024, data shows