The Danish government announced on Dec. 25 that it was allocating tens of billions of kroner (billions of dollars) to build up military defense capabilities in Greenland, one of two autonomous territories of the Kingdom of Denmark (the second being the Faroe Islands).
Defense Minister Troels Lund Poulsen didn’t name a specific amount, but according to estimates of local media, such as the Jyllands-Posten, the estimated amount is around 12-15 billion kroner (approximately $1.7-2 billion). Although the announcement comes in the wake of President-elect Trump’s comments about taking over Greenland, Poulsen said that “it is ironic that it coincides with the announcement of the United States,” implying that it was not necessarily in response to Trump’s statements.
“Poulsen pointed out that with this funding, Denmark will be able to purchase two new ships and two long-range drones,” reported TASS.