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Denmark allocates 295 million euros in aid to Ukraine

Denmark allocates 295 million euros in aid to Ukraine Photo: Danish Defense Minister Troels Lund Poulsen (Getty Images)
Author: Liliana Oleniak

The Danish government has decided to allocate 200 million Danish kroner for investments in the Ukrainian defense industry, according to the Danish Ministry of Defense.

In addition, funds have been allocated for the creation of significant maritime capabilities, drones, and the production of missile components. A total of about 2.2 billion Danish kroner (295 million euros) was allocated.

"In March, I visited a number of Ukrainian defense companies in Kyiv, and it became clear that there is great potential for future cooperation that can provide Ukraine with much-needed equipment that will help change the situation on the battlefield," says Danish Defense Minister Troels Lund Poulsen.

The Minister emphasizes that direct investment in the Ukrainian defense industry is a new initiative that can inspire other countries to do the same so that Ukraine can produce more military equipment itself.

In total, Denmark has already announced military support for Ukraine worth almost 41.4 billion Danish kroner (5.9 billion euros).

Denmark's assistance to Ukraine

In February 2024, Denmark not only announced assistance to Ukraine but also donated all of its artillery to Ukraine. Prime Minister Mette Frederiksen called on Western partners to follow Copenhagen's example by sending Ukraine weapons, ammunition, and air defense systems that are not used in their arsenals.

Going beyond words, in March, Denmark allocated an additional $330 million in military aid to Ukraine. This package included, among other things, Caesar self-propelled artillery systems.

Thus, Denmark has become one of the leaders in providing military support to Ukraine, not only by providing weapons but also by calling on others to do the same.