Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

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

    Editorial & Advertiser disclosure

    Global Banking and 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 > Finance > EU Commission working on package to support Arctic security, von der Leyen says
    Finance
    EU Commission working on package to support Arctic security, von der Leyen says

    Published by Global Banking and Finance Review

    Posted on January 20, 2026

    2 min read

    Last updated: January 20, 2026

    EU Commission working on package to support Arctic security, von der Leyen says - Finance news and analysis from Global Banking & Finance Review
    Tags:European Commissioninvestmentcollaboration

    Quick Summary

    The EU is working on an Arctic security package, with von der Leyen criticizing US tariffs on Greenland and highlighting EU investment plans.

    Table of Contents

    • EU's Commitment to Arctic Security
    • Trade Relations and Tariffs
    • Investment in Greenland
    • Collaboration with the US

    EU Commission Developing Initiative for Arctic Security, Says von der Leyen

    EU's Commitment to Arctic Security

    DAVOS, Jan 20 (Reuters) - European Commission President Ursula von der Leyen said on Tuesday that the bloc's executive arm is working on a package to support Arctic security and warned that tariffs proposed by U.S. President Donald Trump over Greenland are a mistake.

    Trade Relations and Tariffs

    "Arctic security can only be achieved together, and this is why the proposed additional tariffs are a mistake, especially between long-standing allies," von der Leyen said in a speech at the World Economic Forum meeting in Davos.

    Investment in Greenland

    "The European Union and the United States have agreed to a trade deal last July, and in politics as in business – a deal is a deal," she said.

    Collaboration with the US

    "Plunging us into a downward spiral would only aid the very adversaries we are both so committed to keeping out of the strategic landscape, so our response will be unflinching, united and proportional."

    Trump has intensified his push to wrest sovereignty over Greenland from fellow NATO member Denmark, prompting the European Union to weigh hitting back with its own measures.

    Von der Leyen said the sovereignty and territorial integrity of Denmark and Greenland is non-negotiable and that work is underway to boost security in the high north.

    "We are working on a package to support Arctic security," she said.  

    The EU is also working on a "massive European investment surge in Greenland", she said, to support the local economy and infrastructure.

    The Commission president also said the EU will work with the US and other partners on wider Arctic security, adding that the planned surge in defense spending could be used on a "European icebreaker capability and other equipment vital to the Arctic security."

    (Reporting by Lili Bayer, editing by Inti Landauro)

    Key Takeaways

    • •EU is developing a package for Arctic security.
    • •Von der Leyen criticizes US tariffs on Greenland.
    • •EU plans significant investment in Greenland.
    • •Collaboration with the US on Arctic security is crucial.
    • •EU aims to enhance defense capabilities in the Arctic.

    Frequently Asked Questions about EU Commission working on package to support Arctic security, von der Leyen says

    1What is the European Commission?

    The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and managing the EU's day-to-day operations.

    2What is investment in the context of finance?

    Investment refers to the allocation of resources, usually money, in order to generate income or profit over time, often through purchasing assets or funding projects.

    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

    Previous Finance PostFresh tariffs to have muted inflation impact in Europe, ECB's Villeroy says
    Next Finance PostLondon stocks fall after Trump's tariff threat on Europe over Greenland
    More from Finance

    Explore more articles in the Finance category

    Prince Harry targeted for standing up to UK newspaper, his lawyer says
    Portugal's Lifthium wins $210 million grant for lithium refinery
    Exclusive-EU set to approve Universal Music's Downtown buy, sources say
    Exclusive-CK Hutchison weighs London, Hong Kong listing of global telco assets, sources say
    Berlin Film Festival to feature anime and family sagas in diverse competition line-up
    EU starts disciplinary steps against Finland for excessive deficit
    Netflix will now pay all cash for Warner Bros to keep Paramount at bay
    Russia's Far East buried in snow, transport disrupted in China and Japan
    How China's plan to build a new embassy in London became a seven-year diplomatic struggle
    US Treasury Secretary Bessent brushes off 'hysteria' over Greenland
    Pound heads for biggest two-day rise since December as dollar wilts
    Environmental campaigners begin legal challenge against expansion of UK airport
    View All Finance Posts