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Kristupas Vaitiekūnas

Defense: Greenland crisis sparks new debate on EU debt

Lithuania’s Finance Minister Kristupas Vaitiekūnas is calling for countries on the EU’s eastern flank not to be left alone with the costs of rearming – with reference to the threat posed by Russia, but also to the geopolitical situation. German Chancellor Friedrich Merz will attempt to de-escalate the Greenland crisis in Davos.

By Stephan Israel and János Allenbach-Ammann

Greenland: António Costa convenes extraordinary EU summit

Following Donald Trump’s threats of fresh tariffs to pressure the EU into accepting a US annexation of Greenland, member states are considering how to respond. An extraordinary EU summit has been convened for Thursday evening; retaliatory tariffs would be possible from February.

By János Allenbach-Ammann