Ukraine’s proposed 2025 budget passed its first reading in parliament on Oct. 31, allocating approximately 26% of the country’s GDP to defense and military spending. “The priority of next year's budget will also be security and defense. All taxes paid by people and businesses will go toward strengthening our defenders and military capabilities,” Prime Minister […]

Denmark has allocated 2.1 billion Danish kroner (over $292 million) to bolster Ukraine's air defense, Defense Minister Troels Lund Poulsen announced on Dec. 19. The announcement comes amid intensified Russian attacks against Ukraine, including one of the largest aerial strikes on Dec. 13, which targeted energy infrastructure across Ukraine. The package includes financial support for […]

Norway’s government will allocate up to 967 million kroner (around $87.5 million) to enhance its defense industry, with a focus on supporting Ukraine amidst Russia’s full-scale invasion. The Norwegian Ministry of Defense said that the funds will support four new projects to boost production of crucial components, including rocket engines and explosives, needed for manufacturing […]