
Economy
Greenland today is critically dependent on fishing and fish exports; the shrimp fishing industry is by far the largest income earner. Despite resumption of several interesting hydrocarbon and mineral exploration activities, it will take several years before production can materialize. The state oil company NUNAOIL was created in order to help develop the hydrocarbon industry in Greenland. Tourism is the only sector offering any near-term potential and even this is limited due to a short season and high costs. The public sector, including publicly owned enterprises and the municipalities, plays the dominant role in Greenland's economy. About half the government revenues come from grants from the Danish Government, an important supplement to the gross domestic product (GDP). Gross domestic product per capita is equivalent to that of the weaker economies of Europe.
Greenland suffered economic contraction in the early 1990s, but since 1993 the economy has improved. The Greenland Home Rule Government (GHRG) has pursued a tight fiscal policy since the late 1980s which has helped create surpluses in the public budget and low inflation. Since 1990, Greenland has registered a foreign trade deficit following the closure of the last remaining lead and zinc mine in 1990.
[edit] Transportation
The major airport is Kangerlussuaq Airport on the West coast at Kangerlussuaq. Intercontinental flights connect mainly to Copenhagen. As of May 2007, Air Greenland has also initiated a seasonal route to and from Baltimore in the United States.[14] Also new for summer 2007, Air Iceland plans to fly between Keflavík and Nuuk three times a week.[15] In addition to these routes there are scheduled international flights between Narsarsuaq and Copenhagen and between Kusuluk on the East coast to Reykjavík. Kangerlussuaq is the hub for domestic flights within Greenland.
[edit] Demographics
Greenland has a population of 57,100 (2005),[16] of whom 88% are Inuit or mixed Danish and Inuit. The remaining 12 % are of European extraction, mainly Danish. The majority of the population is Evangelical Lutheran. Nearly all Greenlanders live along the fjords in the south-west of the main island, which has a relatively mild climate.[17]
[edit] Languages
The official languages of Greenland are Greenlandic (Kalaallisut) and Danish, and most of the population speak both of the languages. Greenlandic is spoken by about 50,000 people, some of whom are monolingual. A minority of Danish migrants with no Inuit ancestry speak Danish as their first, or only, language. English is widely spoken as a third language.
The Greenlandic language is the most populous of the languages of the Eskimo-Aleut language family and it has as many speakers as all the other languages of the family combined. Within Greenland three main dialects are recognized: the northern dialect Inuktun or AvanersuarmiututKalaallisutTunumiutut spoken in eastern Greenland. spoken by around 1000 people in the region of Qaanaaq, Western Greenlandic or which serves as the official standard language, and the Eastern dialect Tunumiit oraasiat or

