Copenhagen also began preparing for conflict with Russia by establishing the Acceleration Fund in February, allocating an additional 50 billion DKK ($7.2 billion) to “accelerate the build-up of Danish Defense fighting capability” by advancing “investments in critical capabilities,” according to the Danish Defense Ministry’s press release.
This is such a pathetically small amount of money compared to the amount their adversaries are dumping into their militaries. Do they expect Europe to suddenly unite into a federated government and unanimously rise up to defend them?
Looks like 1.6% of their GDP. That’s respectable for non US countries I thought. That is also just the increase.
Agree though that it’s prolly not enough. It does like like the EU is starting the motions for a European army though
2% of GDP has been the NATO suggested ask for awhile now. And with Russia invading European countries, they need to be doing more than the minimum ask.
Edit: I just realized you meant the 1.6% of GDP is also just the increase. That is a damn respectable increase.