Free Trial

Referendum On EU Defence Opt-Out Underway

DENMARK

Voting is underway in Denmark in a referendum that will determine whether the country abolishes its opt-out to the EU's the Common Security and Defence Policy or EU military operations. Polling stations are open from 0800-2000CET (0200-1400ET, 0700-1900BST). The referendum comes in response to Russia's invasion of Ukraine, with the gov't calling the referendum on 6 March, shortly after the invasion was launched.

  • The opt-out on defence was one of several offered to Denmark (alongside those on economic and monetary union, area of freedom, security and justice, and a legal guarantee on citizenship) in order to gain public support for the Maastricht Treaty in 1993, after a referendum had defeated the original treaty in Denmark in 1992.
  • Most parties in Denmark have voiced support for abolishing the opt-out. PM Mette Frederiksen's governing Social Democrats and two of the three main parties in a confidence and supply agreement with the Social Democrats (the Green Left and Social Liberal Party) have voiced their support. The main opposition conservative-liberal Venstre, the centre-right Conservative People's Party, libertarian Liberal Alliance and the Christian Democrats have also backed the abolition of the opt-out.
  • The far-left Red-Green Alliance, which backs PM Frederiksen's gov't, is the largest party advocating a 'no' vote, as is the right-wing populist Danish People's Party and the right-wing nationalist New Right party.
  • Polls show consistently that the referendum is set to pass, with polling leads for the 'yes' to abolition camp running from 11% to 25% in May, and with no minimum turnout threshold it appears likely that Denmark will be able to opt into EU defence policy and military operations in the future.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.