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Denmark to increase defense spending by 5.4 billion euros over five years

2024-03-13T10:34:04.101Z

Highlights: Denmark to increase defense spending by 5.4 billion euros over five years. With this increase, Denmark will devote more than 2% of its GDP to defense in 2024. “The government plans to increaseDefense spending by a total of 40.5 billion crowns between 2024 and 2028,” the Defense Ministry wrote in a statement. The Danish Ministry of Defense announced on Wednesday an increase of 5.43 billion euros in defense spending, making it devote over 2% to defense.

The Danish Ministry of Defense announced on Wednesday an increase of 5.43 billion euros over five years in defense spending, making it devote more than 2% of its GDP to defense in 2024.

Denmark announced on Wednesday March 13 to increase its defense spending by 5.43 billion euros over the next five years by investing in strengthening its military capabilities, extending conscription and additional support for Ukraine.

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“The government plans to increase defense spending by a total of 40.5 billion crowns between 2024 and 2028

,” the Defense Ministry wrote in a statement.

With this increase, Denmark will devote more than 2% of its GDP to defense in 2024, said Prime Minister Mette Frederiksen.

Source: lefigaro

All news articles on 2024-03-13

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