Copyright © 2024 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Denmark pledges long-term support to Ukraine with increased funding

Denmark boosted the Ukraine Fund to over 8 billion euros in 2023-2028.
flags of Ukraine and Denmark.
The flags of Ukraine and Denmark. Source: Novynarnia
Denmark pledges long-term support to Ukraine with increased funding

The Danish government and parliamentary majority have agreed to allocate additional funds to the Ukraine Fund created to support Ukraine, the Defense Ministry of Denmark announced.

The Ukraine Fund amounted to 2.3 billion Danish Krones (308 million euros) in 2023 and 23,5 billion Danish Krones (3,15 billion euros) in 2025-2027. According to the Danish Parliament and the Danish Government agreement, the volume of the Ukraine Fund will increase by 10,5 billion Danish Krones in 2025 (almost 2 billion euros), 7,4 billion Danish Krones in 2026 (around 1 billion euros), and 5,6 billion Danish Krones (751 million euros) in 2027.

Thus, a total of 60,4 billion Danish Krones (over 8 billion euros) will be allocated for military support to Ukraine in 2023-2028 under the Ukraine Fund.

The additional funding will also help ensure that Denmark reaches the minimum 2% of GDP defense spending target agreed by NATO member states.

“Throughout the war, Denmark has been a staunch supporter of Ukraine, and when we now step up our support, both in 2023 and with significant funds in 2025-2027, we send a clear message that Ukrainians can count on Denmark’s support in the long term,” Danish Defense Minister Troels Lund Poulsen commented.

In March 2023, the Danish government and parliament agreed to establish the Ukraine Fund for civilian, military, and economic assistance to Ukraine.

Denmark and the Netherlands lead a coalition of countries that train Ukrainian pilots and support staff. The countries pledged to donate Ukraine with F-16 fighter jets.

In August, eight Ukrainian pilots began training on F-16 combat aircraft in Denmark. The training is taking place at Skridstrup Air Base. In addition, 65 specialists will be trained in the maintenance and repair of this type of aircraft.

Related:

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here


    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts