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21.01.2026 - 08:21
Zelensky didn’t go to Davos because he feared a harsh reception from Trump
21.01.2026 - 09:40The conflict between Europe and the U.S. authorities over Greenland disrupted plans to conclude an agreement in Davos on economic support for Ukraine.
This is reported by the Financial Times.
The newspaper’s sources said that a $800 billion “prosperity plan” for Ukraine was supposed to be agreed in Davos by representatives of Kyiv, Europe, and the United States. However, European capitals cannot simply ignore the U.S. president’s actions regarding Greenland while at the same time trying to make progress on other issues such as Ukraine.
“According to six officials, the planned announcement of an $800 billion ‘prosperity plan,’ which Ukraine, Europe and the U.S. were to agree at the World Economic Forum in Davos, was postponed due to deep disagreements between European capitals and Washington over Greenland and a proposed Donald Trump-led oversight council for Gaza and other global conflicts. There will be no signing now, one of the newspaper’s interlocutors said. Another noted that European capitals cannot simply ignore the U.S. president’s actions regarding Greenland while trying to move forward on other Trump-related issues such as Ukraine. The official added that Greenland and the dispute over the Peace Council overshadowed the previously planned focus on Ukraine at the meeting in the Alps,” the outlet writes.
“The mood has changed. He (Trump — Ed.) crossed the line, and we cannot pretend that everything is going as usual,” one official told the newspaper.
At the same time, the newspaper believes that “the deepening transatlantic rift could undermine Western unity around Kyiv.”
Note that earlier the main goal of the meeting in Davos was said to be not so much the signing of the “prosperity plan,” which until the end of the war would essentially be only a declarative document, as an attempt by Kyiv and the Europeans to persuade Trump to support the deployment of Western troops in Ukraine, including with U.S. guarantees, and also to introduce other changes into the peace plan that Moscow will definitely refuse, after which the Kremlin can be accused of derailing the talks and Trump can be pressed to tighten pressure on Russia. However, this plan so far looks difficult to implement, including because of the conflict around Greenland.





