Sweden to drastically increase military spending amid tensions with Russia

Brazil has ordered 28 Gripen E and eight Gripen F fighters from Swedish aerospace and defence company Saab. Brazil has ordered 28 Gripen E and eight Gripen F fighters from Swedish aerospace and defence company Saab. style=”font-size:40px; line-height: 1.3em; font-weight: 800; padding:7px;”>Sweden to drastically increase military spending amid tensions with Russia

By Elena Pavlovska
Journalist

epa07832852 Sweden’s Defence Minister Peter Hultqvist gives a speech during a ceremony where the first Saab Gripen E fighter was handed over to Brazil, in Linkoping, Sweden, 10 September 2019. After the end of the Cold War, Sweden, which is not a NATO member, slashed military spending. EPA-EFE/Stefan Jerrevang SWEDEN OUT

Sweden's Defence Minister Peter Hultqvist gives a speech during a ceremony where the first Saab Gripen E fighter was handed over to Brazil, in Linkoping, Sweden, 10 September 2019. An armed attack on Sweden cannot be ruled out”, the country’s defence minister Peter Hultqvist said, adding that the move came because the region’s security policy situation “has deteriorated” as “a consequence of Russia’s actions”. The government said that the proposed spending rise, which needs to be approved by parliament, would target all branches of the military and would see the number of staffed personnel grow to 90,000 from 60,000. Hultqvist announced that an extra 27 billion Swedish crowns (€2.6 billion) will be added to the country’s defence budget from 2021 to 2025. Hultqvist warned that the previous “disarmament went too far”, and called on future leaders not to “repeat the mistakes” and maintain “stability”. However, the parliament eventually decided on a turnaround following Russia’s annexation of the Crimean Peninsula in 2014. “It is the largest increase in defence capability in 70 years. EPA-EFE/Stefan Jerrevang

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Sweden’s government on Thursday proposed a 40% increase for its defence budget from 2021-2025.