Greenland Finances Are Suddenly Worse, Danish Central Bank Warns

Greenland’s public finances are pressured after a “surprisingly sharp deterioration” last year, Denmark’s central bank said in an analysis of the Arctic island that’s again stoking geopolitical tensions.

The semi-autonomous territory’s planned austerity measures for 2026 are “necessary,” according to the report published by the Copenhagen-based central bank on Tuesday, pointing out the worsening of finances was partly due to a decrease in expected dividends from government-owned companies.