Headlines
Trump row over Greenland derails Ukraine postwar deal, FT reports
Published by Global Banking and Finance Review
Posted on January 21, 2026
1 min readLast updated: January 21, 2026
Quick Summary
Trump's Greenland bid disrupts an $800 billion Ukraine economic plan, delaying its announcement at Davos due to European opposition.
Trump's Greenland Acquisition Bid Disrupts Ukraine Economic Deal
Impact of Trump's Greenland Bid on Ukraine
Jan 21 (Reuters) - European opposition to U.S. President Donald Trump's bid to acquire Greenland and his proposed "Board of Peace" initiative has disrupted plans for an economic support package for postwar Ukraine, the Financial Times reported on Wednesday.
Economic Support Package Overview
A planned announcement of an $800 billion prosperity plan to be agreed between Ukraine, Europe and the U.S. at the World Economic Forum in Davos this week has been delayed, the FT reported, citing six officials.
European Response to U.S. Initiatives
Reuters could not immediately verify the report.
(Reporting by Bipasha Dey in Bengaluru; Editing by Christopher Cushing)
Key Takeaways
- •Trump's Greenland bid disrupts Ukraine's economic support plan.
- •European opposition impacts the Davos announcement.
- •An $800 billion prosperity plan is delayed.
- •The Financial Times reports on the disruption.
- •Reuters could not verify the report immediately.
Frequently Asked Questions about Trump row over Greenland derails Ukraine postwar deal, FT reports
1What is an economic support package?
An economic support package is a set of financial measures designed to assist a country or region in recovering from economic distress or to promote growth.
2What is the role of the President in economic policies?
The President plays a crucial role in shaping economic policies, proposing budgets, and implementing measures to stimulate economic growth and stability.
