Denmark is preparing for significant investments in its defense sector to meet NATO’s strength targets, according to Prime Minister Mette Frederiksen. The economic plan outlining how Denmark will achieve these goals is set to be presented in the autumn of 2025.

Frederiksen emphasized the substantial financial commitment required, stating that increased defense spending necessitates sacrifices and prioritization, as funds allocated to defense could otherwise be used in other sectors. She underscored the paramount importance of peace and security, asserting that they are fundamental prerequisites.

While the Prime Minister refrained from disclosing specific details of the plan, she indicated that the acceleration fund will cover a considerable portion of the expenses in the coming years. Denmark’s robust economy has thus far facilitated these investments. However, Frederiksen acknowledged that sustaining this level of spending will pose long-term challenges as treasury surpluses diminish, potentially requiring budget adjustments in other areas.

Frederiksen believes Denmark is on track to meeting NATO’s targets soon, driven by the pressing need for enhanced security. She has previously voiced support for a proposal urging all NATO members to raise defense spending to 3.5 percent of their GDP and allocate an additional 1.5 percent of GDP to other security expenses by 2032. While the Prime Minister agrees with the proposal, she considers the 2032 deadline too distant, expressing concerns about Russia’s potential to prepare for attacks on other European countries, including NATO members, in the near future.