Denmark plans defence investment of $21 billion over next decade

FILE PHOTO: Ukrainian Defence Minister Oleksii Reznikov (not pictured) and Danish acting Defence Minister Troels Lund Poulsen speak during a joint news briefing, amid Russia's attack on Ukraine, in Odessa, Ukraine April 10, 2023. Ritzau Scanpix/via REUTERS

COPENHAGEN (Reuters) - Denmark's government proposed on Tuesday to invest 143 billion Danish crowns ($21.14 billion) in defence over the next 10 years, in line with a pledge to meet NATO's spending target.

A founding member of the North Atlantic Treaty Organization, Denmark scaled down its military capabilities to wage a land war in Europe after the end of the Cold War.