Threats from the White House over Greenland have sparked outrage and a flurry of diplomatic activity across Europe, as leaders consider possible countermeasures, including retaliatory tariffs and the first-ever use of the European Union's anti-coercion instrument.

PARIS/OSLO, Jan 19 (Reuters) - U.S. President Donald Trump has linked his drive to take control of Greenland to his failure to win the Nobel Peace Prize, saying he no longer thought "purely of Peace" as the row over the island threatened to reignite a trade war with Europe.

EU countries have turned down the opportunity to take €74bn in recovery loans, as a struggle to spend cash and lower interest rates has reduced the appeal of a post-Covid initiative to boost growth. Only half the loans have been disbursed with less than seven months until the deadline to spend the cash,

Trump advisor Kevin Hassett calls for "cooler heads to prevail" as president threatens Denmark with tariffs over Greenland acquisition deal negotiations.

European Commission President Ursula von der Leyen said on Tuesday that the bloc's executive arm is working on a package to support Arctic security and warned that tariffs proposed by U.S. President Donald Trump over Greenland are a mistake.

European Commission President Ursula von der Leyen met on Monday with members of Congress about a range of issues, from transatlantic trade to President Trump’s push to acquire Greenland.  “In

Representatives of the European Union and South American nations signed a free trade agreement on Saturday, but the deal is not final until approved by a vote of the European Parliament.

The trans-Atlantic trade deal — lifting tariffs on products ranging from Argentine steaks and Brazilian copper to German cars and Italian wine — still has to be ratified by the European Parliament.

The European Union plans to impose minimum "made in Europe" requirements on public purchases of key green technologies to bolster local industry and cut dependence on Chinese imports, a draft European Commission proposal seen by Reuters showed.