Wednesday, April 05, 2006
Greenland back in Brussels' orbit
Greenland, the only place to have left the EU, will be brought back under the influence of Brussels as part of a global scramble for the mineral riches of the Arctic.
Brussels will give the semiautonomous part of Denmark, which is home to 57,000 people, €43 million (£30 million) a year in return for control over policies including scientific research.
Greenland has been of little geopolitical interest, 90 per cent of it being covered in ice. However, geologists believe that it has as much oil as the North Sea basin. Prospecting licences have tripled in the past three years.