乌克兰战争

The age-old question: how do governments pay for wars?

Russia’s invasion of Ukraine has led to a sharp rise in defence spending

Next April, for the first time in more than three centuries, Danes will have to work on the holiday of Great Prayer after the government scrapped the religious day off partly to pay for extra defence spending.

The decision, approved in March, was deeply unpopular: in one poll, 70 per cent of Danes opposed it. But economists have praised Copenhagen for enacting a plan to meet its rising defence bills, unlike many other governments.

“Nobody wants to pay more taxes. But at the same time, everybody wants better defence and good health services too,” John Llewellyn, a former head of economic forecasting at the OECD, said. “At some point the issue will be forced into the public arena, as nobody is clear how the funds will be raised.”

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