Sweden ups defence budget following Russia's Crimea move

Non-NATO member Sweden is increasing its annual defence budget by around 5.5 billion kronor ($835 million) following developments in the Ukrainian crisis and the "unsettling" actions of nearby Russia. The budget this year stands at 47 billion kroner ($8.71 billion) and is expected to increase steadily until 2024 under the government’s plan. Sweden will expand its fighter jet fleet by adding another 10 JAS-39E Gripen aircraft as well as two submarines and other vessels. "The recent pa...
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