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Reuters
Reuters
Politics
By Jacob Gronholt-Pedersen and Johannes Birkebaek

Denmark plans defence spend of $21 billion over next decade

FILE PHOTO: Ukrainian Defence Minister Oleksii Reznikov (not pictured) and Danish acting Defence Minister Troels Lund Poulsen speak during a joint news briefing, amid Russia's attack on Ukraine, in Odessa, Ukraine April 10, 2023. Ritzau Scanpix/via REUTERS

Denmark plans to invest 143 billion Danish crowns ($21 billion) in defence over the next 10 years, which combined with increased military aid to Ukraine will help it achieve NATO's spending target this year, its government said.

A founding member of the North Atlantic Treaty Organization, Denmark scaled back its military capabilities after the end of the Cold War in the early 1990s and has acknowledged major shortcomings in the ability to defend its territory and meet NATO commitments.

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