Berliner Boersenzeitung - EU vows 'unflinching' response to Trump's Greenland gambit

EUR -
AED 4.099459
AFN 72.55656
ALL 90.854432
AMD 403.236651
ANG 1.997863
AOA 1024.725669
ARS 1725.716503
AUD 1.620032
AWG 2.009266
AZN 1.908969
BAM 1.95792
BBD 2.251649
BDT 139.310855
BGN 1.951032
BHD 0.422353
BIF 3344.903956
BMD 1.116259
BND 1.432558
BOB 13.416528
BRL 6.156839
BSD 1.11797
BTN 104.985685
BWP 15.400226
BYN 3.347906
BYR 21878.671669
BZD 2.248447
CAD 1.574248
CDF 2589.720669
CHF 0.914947
CLF 0.0277
CLP 1090.183107
CNY 7.452703
CNH 7.448895
COP 3616.432801
CRC 507.00375
CUC 1.116259
CUP 26.831195
CVE 110.384532
CZK 24.322276
DJF 199.07927
DKK 7.475501
DOP 67.930698
DZD 152.243187
EGP 60.341267
ERN 16.743881
ETB 183.485227
FJD 2.528995
FKP 0.835844
GBP 0.834074
GEL 2.896647
GGP 0.835844
GHS 13.069152
GIP 0.835844
GMD 83.157879
GNF 9901.932318
GTQ 8.547256
GYD 234.483915
HKD 8.751658
HNL 30.047001
HRK 7.555967
HTG 146.496769
HUF 362.944278
IDR 20214.050795
ILS 3.540654
IMP 0.835844
INR 104.731751
IQD 1695.636147
IRR 2111239.352217
ISK 136.8083
JEP 0.835844
JMD 177.430274
JOD 0.791445
JPY 176.643491
KES 145.068585
KGS 97.614372
KHR 4554.728771
KMF 493.386409
KPW 1004.632839
KRW 1507.256269
KWD 0.347224
KYD 0.931779
KZT 501.111442
LAK 25151.180911
LBP 100111.977802
LKR 371.774398
LRD 190.145903
LSL 18.488377
LTL 3.296022
LVL 0.675214
LYD 7.154286
MAD 10.933439
MDL 19.982972
MGA 5080.04349
MKD 61.557339
MMK 2343.536588
MNT 4019.833098
MOP 9.028977
MRU 45.135041
MUR 52.498031
MVR 17.176539
MWK 1938.561406
MXN 20.74952
MYR 4.533466
MZN 71.324403
NAD 18.488791
NGN 1506.414005
NIO 41.14465
NOK 10.535418
NPR 167.895587
NZD 1.993449
OMR 0.429201
PAB 1.118611
PEN 3.853072
PGK 5.095167
PHP 70.632393
PKR 309.195541
PLN 4.391217
PYG 6988.186673
QAR 4.088627
RON 5.333257
RSD 117.643055
RUB 91.531628
RWF 1650.125559
SAR 4.197709
SBD 8.984301
SCR 15.692146
SDG 671.429609
SEK 11.013898
SGD 1.42957
SHP 0.835992
SLE 25.617714
SLL 23407.392948
SOS 638.897077
SRD 41.952909
STD 23104.302586
STN 24.515236
SVC 9.786598
SYP 14513.596028
SZL 18.482073
THB 37.355611
TJS 10.318073
TMT 3.906906
TND 3.346924
TOP 2.687683
TRY 56.014648
TTD 7.581576
TWD 36.663741
TZS 2954.045111
UAH 50.646343
UGX 4574.954062
USD 1.116259
UYU 44.998728
UZS 13346.452419
VES 1000.52103
VND 28480.784096
VUV 133.12733
WST 3.111933
XAF 655.957
XAG 0.021125
XAU 0.000270979015
XCD 3.016745
XCG 2.015783
XDR 0.789253
XOF 655.957
XPF 119.331742
YER 264.134779
ZAR 18.399961
ZMK 10047.670755
ZMW 22.71661
ZWL 359.434865
SSP 6413.165902
MXV 2.332613
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

EU vows 'unflinching' response to Trump's Greenland gambit
EU vows 'unflinching' response to Trump's Greenland gambit / Photo: Fabrice COFFRINI - AFP

EU vows 'unflinching' response to Trump's Greenland gambit

European Commission President Ursula von der Leyen vowed on Tuesday an "unflinching" response to Donald Trump's threats over Greenland, as the US president said he was ready to hold a meeting in Davos about the Arctic island.

Text size:

In a speech to the World Economic Forum in the Swiss ski resort, von der Leyen warned that Trump risked plunging US ties with the European Union into a "downward spiral" over the autonomous Danish territory.

Trump, who will address the annual gathering of global elites on Wednesday, has put the transatlantic alliance to the test with his demand to take over Greenland.

Europe is weighing countermeasures after the US president threatened to impose tariffs on eight European countries over the Greenland standoff -- although Washington has said any retaliatory levies would be "unwise".

"The proposed additional tariffs are a mistake, especially between long-standing allies," von der Leyen told the meeting of world business and political leaders.

"Plunging us into a downward spiral would only aid the very adversaries we are both so committed to keeping out of the strategic landscape. So our response will be unflinching, united and proportional," she said.

Trump pressed on with his Greenland campaign on his Truth Social platform, posting a fake photo of himself planting a flag in a rock and ice landscape next to a sign reading "GREENLAND - US TERRITORY EST. 2026".

He later wrote he had a "very good" call with NATO secretary-general Mark Rutte over mineral-rich Greenland.

"I agreed to a meeting of the various parties in Davos, Switzerland," he said late on Monday.

The US president said he did not think European leaders would "push back too much" on his attempt to buy the vast island, telling reporters on Monday: "They can't protect it."

Trump has used the argument that he wants to protect Greenland from perceived Russian and Chinese threats as a key justification for taking over the strategically located territory, although analysts suggest Beijing is a small player in the region.

EU leaders will hold an emergency summit on Greenland in Brussels on Thursday.

- Trump vs Macron -

French President Emmanuel Macron will also address the forum on Tuesday, with his relations with Trump having hit a new low.

The US leader threatened 200 percent tariffs on French wine and champagne over France's intention to decline an invitation to join his "Board of Peace".

Analysts have likened the board aimed at resolving international conflicts -- which has a $1 billion fee for a permanent spot -- to a pay-to-play version of the UN Security Council.

Trump confirmed Monday that Russian President Vladimir Putin was one of various world leaders invited to join, and told reporters of Macron that "nobody wants him" as he will "be out of office very soon".

While Macron will leave on Tuesday without seeing Trump in Davos, German Chancellor Friedrich Merz said he would seek to meet the US president at the forum on Wednesday.

Macron has instead sent a message to Trump to propose a G7 summit in Paris on Thursday on Greenland, as well as ways to end Russia's war with Ukraine, with Copenhagen, Moscow and Kyiv attending on the sidelines.

The Kremlin said Russian envoy Kirill Dmitriev plans to meet members of the US delegation in Davos -- the first to head to the mountain resort since Russians were excluded from the gathering following Moscow's invasion of Ukraine in 2022.

The United States has sent an unusually large delegation to Davos, in a sign that it wants to make its presence felt at the summit for global economic and political leaders.

- China slams 'law of the jungle' -

Other prominent foreign leaders addressing the WEF on Tuesday included Chinese Vice Premier He Lifeng, whose country has been locked in a trade war with Trump.

"A select few countries should not have privileges based on self-interest, and the world cannot revert to the law of the jungle where the strong prey on the weak," He said, without naming any country.

Canadian Prime Minister Mark Carney, who has sought to reduce his country's reliance on the United States in its own tariffs feud with Trump, will also speak in Davos later Tuesday.

As US ties fray, Carney turned the page on years of diplomatic tensions with China during a visit to Beijing last week, securing a preliminary trade agreement to reduce tariffs.

Other flashpoints on the WEF agenda include the crises in Venezuela, Gaza, Ukraine and Iran.

UN chief Antonio Guterres, a Davos regular, cancelled his participation after coming down with a "bad cold", his office said.

(Y.Yildiz--BBZ)