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    Home > Finance > Russia gleeful at Trump-Europe split over Greenland, but also has concerns
    Finance
    Russia gleeful at Trump-Europe split over Greenland, but also has concerns

    Published by Global Banking and Finance Review

    Posted on January 19, 2026

    4 min read

    Last updated: January 19, 2026

    Russia gleeful at Trump-Europe split over Greenland, but also has concerns - Finance news and analysis from Global Banking & Finance Review
    Tags:Presidentinternational organizationsfinancial marketseconomic growthinvestment

    Quick Summary

    Russia is pleased with Trump's Greenland ambitions, which strain U.S.-Europe relations, but is wary of its own Arctic interests being affected.

    Table of Contents

    • Russia's Perspective on Trump's Greenland Strategy
    • Delight Over Europe's Dilemma
    • Concerns Over Arctic Ambitions
    • Impact on NATO and Ukraine

    Russia Celebrates Trump’s Greenland Ambitions Amid European Concerns

    Russia's Perspective on Trump's Greenland Strategy

    By Andrew Osborn

    Delight Over Europe's Dilemma

    MOSCOW, Jan 19 (Reuters) - Russia is watching with glee as U.S. President Donald Trump's drive to acquire Greenland widens splits with Europe even though his moves could have serious security ramifications for Moscow, which covets its own presence in the Arctic.

    Concerns Over Arctic Ambitions

    The Kremlin said Trump would go down in history if he took control of Greenland, an autonomous Danish territory. President Vladimir Putin's special envoy Kirill Dmitriev hailed the "collapse of the transatlantic union." Former President Dmitry Medvedev joked about Europe getting poorer.

    Impact on NATO and Ukraine

    Criticism of Trump over Greenland has been notably absent at a time when Russia wants to keep him onside to ensure any end to the war in Ukraine is on Moscow's terms, even though traditional Russian allies Venezuela and Iran are also in his crosshairs.

    "There are international experts who believe that by resolving the issue of Greenland's incorporation, Trump will certainly go down in history. And not only in the history of the United States, but also in world history," Kremlin spokesman Dmitry Peskov said on Monday.

    "It's hard not to agree with these experts."

    DELIGHT OVER EUROPE'S DILEMMA

    The daily Moskovsky Komsomolets said it was a pleasure to watch Europe being "at a total loss" after Trump said he would put rising tariffs on goods imported from some European countries until the United States is allowed to buy Greenland.

    "Make America Great Again (MAGA) = Make Danmark Small Again (MDSA) = Make Europe Poor Again (MEPA). Has this idea finally sunk in, dimwits?" said Medvedev, who is now deputy chairman of Russia's Security Council.

    Dmitriev, who is involved in talks with the U.S. on the war in Ukraine, mocked European leaders in posts on social media.

    "Collapse of the transatlantic union. Finally — something actually worth discussing in Davos," said Dmitriev, who is due to meet U.S. envoys on Ukraine during the World Economic Forum in the Swiss resort this week.

    Dmitriev said on X that "Putin understands the U.S. rationale on Greenland," linking to a speech in which Putin said U.S. designs on Greenland had deep historical roots.

    Russian commentators said Trump's behaviour was putting unprecedented strain on the NATO military alliance, Moscow's longtime foe, and could cause economic and diplomatic pain for the European Union and Britain, seen by Moscow as obstacles to Russia having its way on Ukraine.

    An article in Rossiiskaya Gazeta, the Russian government's official newspaper, asked whether differences over Greenland would spell the end of NATO.

    Sergei Markov, a former Kremlin adviser, said Moscow should help Trump advance his ambitions "because almost all of Trump's enemies are also Russia's enemies."

    A DELICATE LINE FOR MOSCOW

    For all its satisfaction, Moscow is treading a delicate line as Trump's moves could have an impact on Moscow's own ambitions in the Arctic, which is rich in natural resources and also seen by Russia as strategically important.

    Russia has bridled at Trump's suggestion that Moscow poses a threat to Greenland - part of his rationale for wanting U.S. control of the island - while avoiding mentioning his name in its criticism.

    The foreign ministry said last week it was unacceptable for the West to continue accusing Russia and China of being a threat to Greenland.

    But Ukraine is a higher priority for Russia than Greenland, where the U.S. already has a military presence.

    A transatlantic rift over Greenland that involves countries that have financed and armed Kyiv could work in Russia's favour, possibly seeping into other policy areas and overshadowing events in Ukraine.

    Some Russian commentators have suggested Trump's behaviour is ushering in a new world order without rules, something that might benefit Moscow.

    Others though have sounded the alarm over the unpredictability of his behaviour, citing the recent seizure of Venezuela's Nicolas Maduro.

    They have also cautioned that Trump, who says the U.S. will reassert its dominance in the Western Hemisphere, has not shown a readiness for other nations to have their own spheres of influence.

    "Russia can only have its own sphere of influence through strength," said Markov.

    (Reporting by Andrew Osborn, Editing by Timothy Heritage)

    Key Takeaways

    • •Russia views Trump's Greenland ambitions with both delight and concern.
    • •The Kremlin sees potential historical significance in Trump's actions.
    • •Trump's Greenland strategy strains NATO and EU relations.
    • •Moscow is cautious about its own Arctic ambitions amid U.S. moves.
    • •Russia sees potential benefits in a transatlantic rift over Greenland.

    Frequently Asked Questions about Russia gleeful at Trump-Europe split over Greenland, but also has concerns

    1What is NATO?

    NATO, or the North Atlantic Treaty Organization, is a military alliance established in 1949 for mutual defense against aggression. It consists of member countries from North America and Europe.

    2What is economic growth?

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

    3What is investment?

    Investment is the allocation of resources, usually money, in order to generate income or profit. It can involve various assets such as stocks, bonds, real estate, and businesses.

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