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Denmark allocates almost €600 million for additional aid to Ukraine in 2024

Denmark allocates almost €600 million for additional aid to Ukraine in 2024 Photo: Troels Lund Poulsen, Minister of Defense of Denmark (Getty Images)
Author: Daryna Vialko

The Danish authorities have agreed to increase funding for the Ukraine Fund, which provides military assistance to Ukraine, by 4.4 billion Danish kroner (590 million euros), as reported by the Danish Ministry of Defense.

According to the ministry, most of the funds allocated by Denmark to help Ukraine in 2024 were about to run out. However, there was a need for further significant military support for Ukraine this year.

Therefore, the Danish government and parliamentary parties reached an agreement to allocate an additional 590 million euros for 2024.

The Ukraine Fund provides direct military assistance to Ukraine in the form of weapons, other military equipment, and training efforts. Among other things, weapons and equipment are purchased for the Ukrainian Armed Forces from Danish and foreign companies.

Representatives of the Danish government and parliament are considering direct purchases from the Ukrainian industry, provided there are mechanisms for control.

Assistance to Ukraine from Denmark

Denmark has been an ally of Ukraine since the beginning of the full-scale Russian invasion.

In particular, the country provides significant assistance to the Ukrainian army in the field of artillery. In early February, Danish Prime Minister Mette Frederiksen said that Denmark had decided to transfer all the artillery it had to Ukraine.

The Danish authorities also agreed to provide Ukrainian pilots with F-16 fighter jets, which are critically needed for defending the skies over Ukraine.