Amid EU Budget Discussions, How Much New Money Is Actually Devoted to the Arctic
The EU's new Arctic strategy promises over €1 billion in funding, but most was already committed. The only fresh money is €200 million for Greenland.
The EU's new Arctic strategy promises over €1 billion in funding, but most was already committed. The only fresh money is €200 million for Greenland.
“Perhaps one day this will happen, and the world's northernmost café will appear on the world's northernmost island.”
Lavrov accuses the EU of 'slavery and piracy' against Russian tankers, while touting record Arctic shipping and $320 billion in energy sales to Europe.
One of Europe's largest copper deposits changes hands for 2 billion kroner. A new owner plans production by 2027 despite opposition to Repparfjorden tailings.
Murmansk will open its registry offices for Saturday-night weddings under the northern lights, likely betting the polar night can lure aurora-chasing couples.
Iceland's justice minister reports 40 deportations under a new law and progress on a bigger Stóra-Hraun prison as the country runs out of cell space.
Brussels is pivoting from climate to Arctic defense. Without ships, funding, and unified command, its ambitions could widen the gap with Russia.
Europe's largest nuclear reactor needs more repairs. Finland now faces a longer supply squeeze and volatile electricity prices just as winter approaches.
“Instead of a 'Colt'—which one cannot bring into a summit meeting—the American delegation is bringing a significant bargaining chip: the ability to block access to the Arctic at two points rather than one.”
The EU is planning Arctic undersea cable links to Japan and South Korea, but Tokyo argues such projects should be paid for by the private sector alone.