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 > Finance > Italy urges NATO to coordinate in Arctic as Greenland tensions escalate
    Finance

    Italy urges NATO to coordinate in Arctic as Greenland tensions escalate

    Published by Global Banking & Finance Review®

    Posted on January 16, 2026

    3 min read

    Last updated: January 19, 2026

    Italy urges NATO to coordinate in Arctic as Greenland tensions escalate - Finance 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:international capitalforeign currencyInvestment opportunitiesfinancial stabilityeconomic growth

    Quick Summary

    Italy urges NATO for a coordinated Arctic presence amid Greenland tensions, focusing on security against Russian and Chinese activities.

    Table of Contents

    • Italy's Position on Arctic Security
    • Growing Importance of the Arctic
    • Responses to Russian and Chinese Activities
    • Impact on Shipping and Business Opportunities

    Italy Calls for NATO Coordination in the Arctic Amid Greenland Tensions

    Italy's Position on Arctic Security

    By Angelo Amante

    Growing Importance of the Arctic

    ROME, Jan 16 (Reuters) - Italy's Prime Minister Giorgia Meloni urged NATO on Friday to develop "a coordinated presence" in the Arctic region to prevent tensions and respond to "interference by other actors", amid escalating tensions among Western allies over Greenland.

    Responses to Russian and Chinese Activities

    In a letter read during the presentation of an Italian government paper on the Arctic, Meloni said the region was becoming increasingly important due to the development of new sea routes and its huge "energy and mineral resources".

    Impact on Shipping and Business Opportunities

    Italy has had observer status on the Arctic Council that oversees the region since 2013 and updated its policy amid recent U.S.-Danish tensions over Greenland, which sharpened focus on the area.

    U.S. President Donald Trump has renewed calls for American control of Greenland to prevent Russia or China from occupying it. The island, an autonomous territory of Denmark, rejected the idea in talks held in Washington this week, exposing "fundamental" differences.

    FOCUS ON RUSSIA AND CHINA

    "We are an observer country in the Arctic Council and have always upheld respect for international law, beginning with the U.N. Convention on the Law of the Sea," Meloni said.

    The Italian policy document pointed to Russia's renewed focus on the Arctic, which included a build-up of its military presence there.

    "This more assertive posture ... combined with the clear demonstration of the violation of the principle of the inviolability of borders shown in Ukraine, first led NATO and subsequently the European Union to react," the document said.

    Italy's document also flagged China's attempt to raise its Arctic profile as a self-declared "near-Arctic state," including growing interest in shipping along the Northern Sea Route and closer ties with Moscow that extend to military matters.

    Russia said on Thursday that Western countries had produced no facts to support the argument that Moscow or Beijing threatened Greenland. China urged the United States on Monday not to use other countries as an excuse to pursue its own interests.

    ARCTIC SHIPPING ROUTES OFFER 'SIGNIFICANT PROSPECTS'

    This week, some European countries sent small numbers of military personnel to Greenland, showing solidarity with Denmark, a move Italian Defence Minister Guido Crosetto said he did not understand.

    "I believe, instead, that it is in our interest to keep the Western world, the free world together, and to always think and act within a NATO framework and a U.N. framework."

    The document said the development of Arctic shipping routes opens up "significant prospects" for shipbuilders including Italy's Fincantieri, which builds vessels that can operate in extreme environments.

    "We must establish an Arctic business forum involving all our main companies," said Foreign Minister Antonio Tajani.

    (Reporting by Angelo Amante; Editing by Keith Weir, Thomas Derpinghaus and Alex Richardson)

    Key Takeaways

    • •Italy calls for NATO's coordinated presence in the Arctic.
    • •Greenland tensions highlight the region's strategic importance.
    • •Russia and China's Arctic activities raise security concerns.
    • •Arctic shipping routes present new business opportunities.
    • •Italy emphasizes international law and NATO cooperation.

    Frequently Asked Questions about Italy urges NATO to coordinate in Arctic as Greenland tensions escalate

    1What is militarization?

    Militarization refers to the process by which a society organizes itself for military conflict and violence, often involving the buildup of military forces and infrastructure.

    2What are energy resources?

    Energy resources are natural resources that can be converted into energy, including fossil fuels, nuclear energy, and renewable sources like wind and solar.

    3What is foreign currency?

    Foreign currency refers to the money used in other countries, which can be exchanged for the domestic currency, often impacting international trade and investment.

    4What is economic growth?

    Economic growth is an increase in the production of goods and services in an economy over time, typically measured by the rise in Gross Domestic Product (GDP).

    More from Finance

    Explore more articles in the Finance category

    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    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 launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    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 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 French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    View All Finance Posts
    Previous Finance PostTokenization’s Breakout Year: The Trend That Defined 2025 and the Road Ahead for Finance
    Next Finance PostItaly investigates Microsoft's sales practices for 'Call of Duty' and 'Diablo' video games