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Denmark is stepping up its investment in defence technology in a bid to “maintain peace and stability” in the Arctic and North Atlantic oceans.
According to a recently published report from the Danish Ministry of Defence, the country has signed a DKK 27.4 billion (€3.67 billion) agreement with its self-governing territories, the Faroe Islands and Greenland, to fund defence initiatives planned to run until 2033.
This follows another investment of DKK 14.6 billion (€1.96 billion) announced earlier this year.
The push comes amid political and strategic tensions
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