Greenland is set to receive a significant boost from the European Union, which is ready to invest heavily in various development projects. This comes in light of provocative comments from the US President about acquiring the territory. European Commission President Ursula von der Leyen's promise of extensive funding has been enthusiastically welcomed by Greenland's Prime Minister, emphasizing the EU's reliability.

The visit comes as Trump renews his push for greater U.S. control of the self-governing Danish territory.

Speaking at the World Economic Forum's annual meeting in Davos this year, von der Leyen said the EU was working on a "massive European investment surge" in Greenland in a bid to…