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Poland increases defence budget to all-time high

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Bucking the European trend, Poland is expected to increase its annual defence budget by around 2 percent to 32 billion zloty (US $10.4 billion) in 2014. The record-breaking budget is the largest the Polish Ministry of Defence has ever had at its disposal. A budget increase in Europe has become a rare occurrence of late so Poland’s consecutive spending hike marks it out as an interesting market for defence contractors, particularly those with close ties to the region. Last year Pol...

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