Denmark Plans Massive Defense Spending Amid Russia Threat
Denmark Plans Massive Defense Spending Amid Russia Threat

Denmark Plans Massive Defense Spending Amid Russia Threat

News summary

Danish Prime Minister Mette Frederiksen announced plans for a significant rearmament of Denmark's military due to the escalating threat from Russia, describing the current situation as more perilous than during the Cold War. The government aims to establish a defense fund of 50 billion kroner (approximately $7 billion) for the years 2025-2026, with priority given to acquiring air defense systems, which Denmark currently lacks. Frederiksen emphasized the necessity for rapid military enhancement to safeguard Denmark and Europe, particularly in light of the ongoing conflict in Ukraine. This move reflects a broader shift among European nations to bolster their defense capabilities independently of U.S. support, as highlighted by remarks from U.S. officials at recent security conferences. Denmark's planned military spending is expected to elevate its defense budget to 3% of GDP, aligning with NATO's expectations for member states. Since the onset of the war in Ukraine, Denmark has been a significant contributor of military and civilian aid, totaling over $8 billion.

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