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Defense Ministry Pledges To Raise Budget To 1.5 Percent Of GDP

January 30 2019


The Danish government has reached an agreement with lawmakers to boost defense spending to 1.5 percent of gross domestic product (GDP) by 2023, reports the Copenhagen Post

The agreement will result in an additional US$2.14 billion in military spending over the next six years, reported Reuters. 

The government has also pledged to create a 4,000-strong army brigade focused on the Baltic Sea region as part of the accord. 

The move is driven by the growing threat from Russia, as well...

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