Denmark Announces $5.7 Billion Military Spending Increase Over Next Decade
- Denmark proposes to allocate an extra $5.65 billion over the next 10 years to upgrade its armed forces and address lack of investment.
- The government aims to spend 2% of GDP on military by 2030 as part of NATO commitments.
- The funds will be used to "re-establish the foundation of the armed forces" and make up for global security changes and lack of previous spending.
- Denmark's military lacks sufficient soldiers, and many facilities and equipment are outdated or in disrepair.
- The plan will be part of an upcoming defense agreement from Denmark's center-left coalition government.