Tuesday, May 30, 2023

Denmark boosts military spending, announces more aid for Ukraine

Denmark’s government plans to invest 143 billion Danish crowns ($21bn) in defense over the next 10 years, with an aim to meet its military and security goals as a founding NATO member.
The Nordic nation currently spends around 27 billion Danish crowns per year ($3.89bn) on defense, and the government had said it will progressively increase this by up to 19.2 billion Danish crowns ($2.8bn) by 2033, beginning with an increase of 6.9 billion Danish crowns ($995m) next year.

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