Danish government wants to spend $20.6 billion on defense over 10 years

Denmark plans to triple defence investment over next decade

Denmark's government unveiled plans on Tuesday (30 May) to invest 143 billion Danish kroner (€19.2 billion) in defence over the next 10 years, in line with a pledge to meet NATO's spending target.

Danish government wants to spend $20.6 billion on defense over 10 years

COPENHAGEN,Denmark (AP) — Denmark’s centrist government said Tuesday that it wants to invest some 143 billion kroner ($20.6 billion) in the country’s defense over the next decade, citing a “serious threat picture.” The government has an ambition to reach NATO’s target of spending 2% of gross domestic product on military budgets by 2030, in part as a response to Russia’s invasion of Ukraine. “We are at a historic turning point in defense and secu…

Danish government wants to spend $20.6 billion on defense over 10 years

COPENHAGEN,Denmark (AP) — Denmark’s government wants to invest some 143 billion kroner ($20.6 billion) in its defense over 10 years and has an ambition to reach NATO’s target of spending 2% of gross domestic product on military budgets by 2030, in part as a response to Russia’s invasion of Ukraine. Acting Defense Minister Troels Lund Poulsen said Tuesday that “we can no longer take peace for granted.” A military analyst called the plan “a starti…

Danish government wants to spend $20.6 billion on defense over 10 years

FILE - Denmarks Leopard 2A7 tanks move during the Winter Camp 23 military drills near Tapa, Estonia, Sunday, Feb. 5, 2023. Denmarks centrist government said Tuesday that it wants to invest some 143 billion kroner ($20.6 billion) in the Danish defense over the next decade, citing a serious threat picture. (AP Photo/Pavel Golovkin, File)(Pavel Golovkin / Associated Press) Danish government wants to spend $20.6 billion on defense over 10 years Ma…

Danish government wants to spend $20.6 billion on defense over 10 years

Denmark’s government wants to invest some 143 billion kroner ($20.6 billion) in its defense over 10 years and has an ambition to reach NATO's target of spending 2% of gross domestic product on military budgets by 2030, in part as a response to Russia’s...

Denmark intends to increase the defence budget and direct 143 billion kroons, or nearly €20 billion, to the area over the next ten years.