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00:02European Commission President Ursula von der Leyen on Monday announced an approximately
00:08$232.3 million funding package for Greenland, according to CNBC.
00:13The move comes as the European Union is seeking to strengthen Arctic ties amid Trump's push
00:18to acquire the territory. The funding will be invested this year and in 2027,
00:23and will focus on connectivity, clean energy, and critical raw materials.
00:27Von der Leyen called Greenland a strategic ally and trusted friend and said Europe remains united
00:33with the territory as it faces pressure. Greenlandic Prime Minister Jens Friedrich Nielsen thanked the
00:39EU for its support. Danish Prime Minister Mette Frederiksen said Denmark wants closer cooperation
00:44with both the U.S. and European allies on Arctic security and defense.
00:49Representatives from the U.S., Denmark, and Greenland are continuing discussions over the territory.
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