Sweden ups defence budget following Russia's Crimea move

Defence IQ Press
Posted: 04/22/2014

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

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Defence IQ Press
Posted: 04/22/2014

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