By Jacob Wulff Wold and Magnus Lund Nielsen

( EurActiv ) — The European Commission on Wednesday proposed doubling financial support to Greenland, for a total of more than €530 million under the next seven-year EU budget.

The EU is already the second-largest contributor to the Greenlandic public budget, transferring €49 million a year, after Denmark.

Of that, €32 million is channelled through the current long-term budget and €17 million through the EU’s fisheries agreement with the Arctic island, renewed last December.

Under the Commission’s plan, the annual €32 million envelope would rise to nearly €76 million from 2028, a 130% increase in real terms compared with current levels.

The funds will help strengthen cooperation on critical raw materials, energy, and digital integr

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