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    Home > Finance > Macron on Greenland: If sovereignty of an ally is affected, knock-on effects would be unprecedented
    Finance
    Macron on Greenland: If sovereignty of an ally is affected, knock-on effects would be unprecedented

    Published by Global Banking and Finance Review

    Posted on January 14, 2026

    Featured image for article about Finance
    Tags:Presidentfinancial communityinternational financial institutioneconomic growthforeign currency

    Macron Warns of Unprecedented Consequences if Ally's Sovereignty is Threatened

    Implications of Sovereignty Issues

    PARIS, Jan 14 (Reuters) - If the sovereignty of a European country and ally was affected, the knock-on effects would be unprecedented, French President Emmanuel Macron said on Wednesday during a cabinet meeting, referring to the U.S. President Donald Trump's push to take control of the Arctic territory.

    "We do not underestimate statements on Greenland," Macron said, quoted by French government spokesperson Maud Bregeon.

    "If the sovereignty of a European country and ally were to be affected, the knock-on effects would be unprecedented. France is monitoring the situation very closely and will act in full solidarity with Denmark and its sovereignty." he added.

    EU's Stance on Greenland

    Earlier in the day, the European Commission's President Ursula von der Leyen said there was a strong relationship between the EU and Greenland and that Greenlanders could rely on the EU's support.

    Meeting with U.S. Officials

    The Danish and Greenland foreign ministers will meet with U.S. Vice President JD Vance at the White House later on Wednesday following weeks of threats by President Donald Trump on Greenland, an autonomous territory of Denmark.

    (Reporting by Elizabeth Pineau and Louise Rasmussen;Editing by Benoit Van Overstraeten/Sudip Kar-Gupta)

    Frequently Asked Questions about Macron on Greenland: If sovereignty of an ally is affected, knock-on effects would be unprecedented
    1What is sovereignty?

    Sovereignty refers to the authority of a state to govern itself or another state. It encompasses the full right and power of a governing body to make decisions without interference from outside sources.

    2What is economic growth?

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

    3What is foreign currency?

    Foreign currency refers to the money that is used in other countries, which is different from the domestic currency. It is essential for international trade and investment.

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