Dispute Over Trump’s Greenland Bid Delays Ukraine Support Plan at Davos

European opposition to Trump’s Greenland bid and “Board of Peace” plan stalls planned $800 billion Ukraine support package announcement, Financial Times reports.

Wed Jan 21 2026
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DAVOS: European opposition to US President Donald Trump’s bid to acquire Greenland and his proposed “Board of Peace” initiative has disrupted plans for an economic support package for postwar Ukraine, the Financial Times reported on Wednesday.

According to the report, a planned announcement of an $800 billion prosperity plan to be agreed between Ukraine, Europe and the United States at the World Economic Forum in Davos this week has been delayed. The newspaper cited six officials familiar with the discussions.

Reuters said it could not immediately verify the report, while the White House did not respond to a request for comment.“Nobody is in any mood to stage a grand spectacle around an agreement with Trump right now,” one official told the Financial Times, adding that disputes over Greenland and the Board of Peace proposal had overtaken the earlier focus on Ukraine at the Davos meeting.

The report said tensions over Greenland also disrupted negotiations on the text of the prosperity plan this week, noting that the United States did not send a representative to a key meeting on Monday evening. However, the newspaper added that the prosperity plan has not been shelved indefinitely and could still be signed at a later date.

Meanwhile, Ukrainian President Volodymyr Zelensky said on Tuesday that he would travel to Davos only if documents on security guarantees with the United States were finalised.

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