Denmark announced on Tuesday that it will triple its military spending with investments in the east, the North Atlantic and the Arctic over the next ten years following Russia’s invasion of Ukraine. “The government wants to significantly strengthen Denmark’s defense and security by spending around 143 billion kroner (19.2 billion euros) over the next ten years.”Acting Minister of Defense Troels Lund Poulsen said in a statement.

Danish Prime Minister Mette Frederiksen, who is to be named the new Secretary General of NATO, already announced on Monday a massive new allocation for Ukraine with an additional package of 2.4 billion euros for 2023 and 2024.

In 2024, military expenditure (investment in equipment, personnel, infrastructure, etc.) will amount to 6.9 billion crowns, compared to 6.7 billion this year, and should triple to reach 19.2 billion in 2033 (2.6 billions of euros). government plan. These efforts are mainly funded by the cancellation of the national holiday, which has already been ratified despite the unusual protest movement. For a government that intends to devote 2% of its GDP to defense by 2030, a goal of NATO, of which it is a member, it has a threefold ambition.

“The goal remains for the Arctic and the North Atlantic to be a low-tension area. We must, of course, protect Denmark and fulfill our responsibility to take joint responsibility for security in the Baltic Sea.explained the minister. “At the same time, Denmark must continue to support Ukraine in a meaningful way (…). And we must continue to be active and able to send contributions to the rest of the world. Our commitment to the European Union plays an important role in this.”pointed out.