Denmark unveils $2 billion Arctic security package - Breaking The News
Download our appPlay StoreApp Store

Denmark unveils $2 billion Arctic security package

EPA-EFE/IDA MARIE ODGAARD

Danish Defense Minister and Deputy Prime Minister Troels Lund Poulsen on Monday lauded a new partial agreement aimed at bolstering security in the Arctic and North Atlantic regions. The government plans to allocate 14.6 billion kroner (~$2 billion) to address the growing threats in the area, which Poulsen described as having a deteriorating security situation.

The deal comes as the cooperation of Denmark, the Faroe Islands, and Greenland, and includes plans to deploy three new Arctic ships, enhance satellite capabilities, and introduce additional long-range drones equipped with advanced imaging technology. A second agreement is anticipated to be announced in the first half of this year.

"We ensure this with this agreement and it is important for me to state that there is a need to invest further in defense and security in the region," the defense minister stated.

Related News
Greenland PM calls for March 11 elections
Greenland's Prime Minister Mute Egede announced on Facebook Tuesday that he has proposed to hold elections on March 11, which is pending approval by the country's 31-member Parliament. In the post, Egede highlighted the country's unprecedented "challenges" and emphasized the need for unity and collaboration. "We are in an unusual and very challenging time, something our country has never experienced," he wrote, stressing that internal division is...
Danish PM: Greenland is not for sale
Danish Prime Minister Mette Frederiksen reaffirmed on Monday that all nations' sovereignty must be respected, emphasizing that Greenland remains an integral part of the Kingdom of Denmark, and stressing that "it is not for sale." Speaking to reporters in Brussels, the prime minister responded to Vice President JD Vance's criticism of Denmark, calling the country a bad ally. Frederiksen emphasized Denmark's longstanding partnership with the United...
Trump says Canada should be 51st state
United States President Donald Trump told reporters while flying on Air Force One that Canada is a "country that should be a [US] state.""They'll get much better treatment, much better care and much lower taxes, and they’ll be much more secure,” Trump stated to the reporters.Additionally, the president talked about his plans for Greenland, saying he thought the US is "going to have it. I think the people want to be with us," adding that he didn't know "what...
Danish PM, Trump talk Greenland, security in Arctic
Danish Prime Minister Mette Frederiksen issued a statement on Wednesday saying that she discussed Greenland with United States President-elect Donald Trump and underlined the importance of strengthening the security in the Arctic.In the telephone conversation, Frederiksen reiterated that "it is up to Greenland itself to make a decision on independence." The two world leaders also discussed the security in the Arctic, with the Danish prime minister...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.