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Sweden plans largest military buildup since the Cold War amid Russia threat and uncertain US-EU ties

  • Sweden plans to raise defense spending to 3.5% of GDP by 2030, as stated by Prime Minister Ulf Kristersson.
  • The government aims to boost military aid to Ukraine from 25 billion Swedish crowns to 40 billion in 2025, according to the government.
  • Sweden plans to borrow about 300 billion Swedish crowns to fund rearmament, as announced by Kristersson.
  • Sweden's military support to Ukraine totals approximately 61.9 billion SEK as of January 30, 2025, based on a government fact sheet.
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Expressen broke the news in Stockholm, Sweden on Wednesday, March 26, 2025.
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