Arms firms across Europe worth billions more amid talk of Ukraine defence pact
- Sweden's defence budget for 2025 is 142 billion kronor, nearly double the 2022 budget, and is expected to rise to 186 billion kronor by 2030, highlighting significant increases since 2022.
- Sweden's Defence Minister Pål Jonson emphasized the need for the defence industry to increase its production tempo in light of growing military needs.
- European markets rose due to increased expectations of defence spending, with defence stocks surging driven by expectations of higher spending from countries like Germany and positive market momentum.
- Prime Minister Ulf Kristersson stated that increased production in defence sectors is crucial for building a stronger defence rapidly.
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122 Articles
122 Articles
All
Left
17
Center
10
Right
12
Coverage Details
Total News Sources122
Leaning Left17Leaning Right12Center10Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 26%
R 31%
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