Denmark announced on Tuesday that it will triple its military spending over the next ten years. Investments of 143 billion Danish kroner (about 19.2 billion euros) to reach 2% of GDP by 2030.
Since 2017, Danish military spending has reached an all-time low, amounting to only 1.14% of the country's GDP. Denmark has promised Ukraine to support it as long as it takes, because its victory is seen as a clear factor of regional stability. For Denmark, it is necessary to secure the 2,900 km long shipping corridor that goes from Copenhagen to Greenland.