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  • Greenxit: Greenland’s Case with the European Union
    34-53
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    294

    In connection with the withdrawal of the United Kingdom from the European Union (Brexit) a little-known episode of the European Union history became particularly interesting and timely: Greenland entered the European Community in 1973 together with Denmark, and later it left in 1985. This study provides an overview of the accession and withdrawal of Greenland to and from the European Communities and then it is put into a comparative context. On the one hand Greenxit is examined in the light of the planned withdrawal of the United Kingdom from the European Union, on the other hand it is compared with the almost-entry of Iceland. The study concludes that considering the key aspects of the case of Greenland it does not resemble that of the Brexit. However, the differences between the sovereignty and economic, political weight of the two territories explain the attitude of the EC/EU to the withdrawal. The comparison with Iceland highlights the importance of fisheries.

    Journal of Economic Literature (JEL) codes: F53, P52