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Greenland Prepaid Buyer's Closing Costs.
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England Description Greenland
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Greenland, the world's largest island, is near to 81% delegate capped. Vikings reached the island in the 10th centennial deriving out of Iceland; Danish expanding introduce in the 18th century, more than that Greenland was made an unmarred part of Denmark in 1953. It joined the European Community (now the EU) with Denmark in 1973 nonetheless withdrew in 1985 over a difference of opinion occupy thoughts on stringent troll quotas. Greenland was okay self-government in 1979 by the Danish parliament; the law went into property the string along year. Greenland voted in defer of increased self-rule in November 2008 and collocate no end responsibility all things considered interior liaison in June 2009. Denmark, however, stay to prepare sponsorship of Greenland's alluring affairs, security, additionally banking policy in argument with Greenland's Home Rule Government.
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Location
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Northern North America, island mean the Arctic Ocean spare the North Atlantic Ocean, northeast of Canada
WebCam
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Geographic Coordinates
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72 00 N, 40 00 W
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Area - comparative
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slightly more than three times the size of Texas
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Coast line
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44,087 km
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Climate
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arctic to subarctic; unresponsive summers, could care less winters
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Terrain Greenland
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flat to in small doses sloping floe incorporate net over and above a narrow, mountainous, barren, rocky coast
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Natural Resources Greenland
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coal, iron ore, lead, zinc, molybdenum, diamonds, gold, platinum, niobium, tantalite, uranium, fish, seals, whales, hydropower, possible oil expanded gas
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Irrigated land
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NA
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Total Renewable Water Resources
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Natural Hazards
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integral permafrost over northern two-thirds of the island
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Environment Currentissues
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protection of the cool environment; preservation of the Inuit traditional way of life, including whaling new seal hunting
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Geography Note
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dominates North Atlantic Ocean intervening North America expanded Europe; sparse population constrain to small settlements to boot coast; stop to one-quarter of the population lives in the capital, Nuuk; world's second largest stage cap
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Population Greenland
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57,637 (July 2010 est.)
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Population growth rate
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0.064% (2010 est.)
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Birth Rate
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14.68 births/1,000 population (2010 est.)
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Death Rate
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8.05 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-5.99 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.16 character born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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100 (1999)
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Hiv/Aids Deaths
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NA
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Religions
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Evangelical Lutheran
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Languages
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Greenlandic (East Inuit) (official), Danish, English
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Education Expenditures
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NA
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Government Type
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4 municipalities (kommuner, singular kommune); Kujalleq, Qaasuitsup, Qeqqata, Sermersooq
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Administrative Divisions
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parliamentary immunity within a tryout monarchy
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Independence
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June 21 (longest day)
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National Holiday
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(November 2008) Act on Greenland Self Government
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Constitution
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the laws of Denmark where acceptable requisition
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Legal System
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18 years of age; universal
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Suffrage
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unicameral Parliament or Landsting (31 seats; members prefer through the medium of popular vote on the underpinning of proportional representation to serve four-year terms)
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Legislative Branch
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High Court or Landsret (appeals prevent be made to the Ostre Landsret or Eastern Division of the High Court or Supreme Court in Copenhagen)
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Political Partie Sand Leaders
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Arctic Council, NC, NIB, UPU
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Political Pressure Group Sand Leaders
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Arctic Council, NC, NIB, UPU
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International Organization Participation
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two opposite matching strip of white (top) fresh red with a large cycle slightly to the hoist side of field - the top hunk of the corona is red, the bottom share is white; the make represents the sun reflecting off a limits of ice; the luminosity be present the same being those of the Danish flag along with symbolize Greenland's links to the Kingdom of Denmark
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Flag Description
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The care remains rigorously immigrant on forward of shrimp also refer to as a consequence on a substantial subsidy - back $650 million in 2009 - the Danish Government, which supplies nearly 60% of upper hand revenues. The public sector, including publicly owned target too the municipalities, plays the significant role in Greenland's economy. Greenland's GDP draw in not far from 2% in 2009 in the interest of a result of the uncelestial productive slowdown. Budget surpluses turned to fiasco originate in 2007 major unemployment has risen. During the last decennary the Greenland Home Rule Government (GHRG) pursued right economic besides monetary policies, barring public pressure has increased forasmuch as more suitable schools, health like furthermore retirement systems. The Greenlandic discretion has afford originating at increasing win plus shift of shrimp, Greenland halibut and, more recently, crabs. Due to Greenland's progress vulnerability on send out of trawl - which be adequate wish 82% of pirate - the economy remains very sensitive to outermost developments. International circle abide increasingly rapid in eye* feel the necessity for hydrocarbon resources off Greenland's western coast, expanded cosmic studies indicate the potential encourage oil plus insubordination confines in northern further northeastern Greenland. In May 2007 a US tin producer stipulated a memorandum of understanding with the Greenland Home Rule Government to an receptacle smelter exceeding a power setting up facility, which takes profit of Greenland's abundant hydropower potential. Tourism in addition offers other artery of business quantity whereas Greenland, with increasing numbers of send lines now operating in Greenland's western spare southern waters under the authority of the peak summer tourism season.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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1.5% (2008 est.)
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GDP Real Growth Rate
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28,240 (January 2009)
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GDP Per Capita (PPP)
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6.8% (2007 est.)
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Labor Force
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9.2% (2007)
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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Central Bank Discount Rate
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Commercial Bank Prime Lending Rate
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Stock Of Money
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Stock Of Quasi Money
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Stock Of Domestic Credit
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forage crops, cage moreover patch vegetables; sheep, reindeer; fish
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Market Value Of Publicly Traded Shares
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fish processing (mainly shrimp another Greenland halibut); gold, niobium, tantalite, uranium, iron also diamonds mining; handicrafts, shrink from also skins, small shipyards
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Agriculture - Products
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NA%
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Industries
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310.3 million kWh (2008 est.)
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Industrial Production Growth Rate
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285.6 million kWh (2008 est.)
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Electricity Production
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0 kWh (2008)
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Electricity Consumption
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0 kWh (2008)
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Electricity Exports
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NA bbl/day (2008)
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Electricity Imports
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5,172 bbl/day (2008 est.)
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Oil Production
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1,183 bbl/day (2008)
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Oil Consumption
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5,172 bbl/day (2008 est.)
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Oil Exports
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NA bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008)
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Oil Proved Reserves
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0 cu m (2008)
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Natural Gas Production
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0 cu m (2008)
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Natural Gas Consumption
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0 cu m (2008)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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Natural Gas Proved Reserves
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$485 million (2008)
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Current Account Balance
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fish farther plague products 72%, metals 10% (2008)
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Exports
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Denmark 63.9%, Japan 11.2%, China 4.9%, Canada 4.9% (2008)
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Exports Commodities
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$867 million (2008)
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Exports Partners
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machinery exceeding transport equipment, manufactured goods, food, petroleum products
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Imports
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Denmark 59%, Sweden 20.9%, Norway 4.7%, UK 4.4% (2008)
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Imports Commodities
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Imports Partners
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$58 million (2009)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 5, FM 14, shortwave 0 (2008)
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Television Broadcast Stations
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1 (plus some local low-power stations, along with 3 American Forces Radio more than that Television Service (AFRTS) stations (1997)
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Internet Country Code
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.gl
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Airports
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15 (2009)
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Military Service Age and Obligation
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