Sweden to boost defence spending $30 bn over a decade

This week, the government and the SD presented a major investment in defense. The state will borrow 300 billion kronor by 2035. The investment is dismissed by Kerstin Bergeå, chairwoman of the Swedish Peace and Arbitration Association. She believes that rearmament could anger Russia: – Yes, because it could lead to rearmament spirals that drag us into war. We have to watch what we are doing. We have to invest in peace-building efforts instead, s…

Feel free to borrow 300 billion for defense – but do it properly.

Sweden to boost defence spending $30 bn over a decade

Sweden will increase defence spending by about 300 billion kronor ($30 billion) over the next decade, the prime minister said Wednesday, calling it the nation's biggest rearmament push since the Cold War.

The Swedish government announced on Wednesday that it would increase its defense spending by 300 billion kronor (about 28 billion euros) over the next ten years, AFP reported, quoted by Agerpres. The investment will...

Swedish authorities have decided to borrow 300 billion for a major military investment that Ulf Kristersson describes as the “largest rearmament since the Cold War”. Daniel Waldenström is a professor of economics, and he thinks it is entirely reasonable that future generations of Swedes will have to pay for the Tidö parties’ project. The Moderate-led government’s announcement is that Sweden will spend 3.5 percent of its GDP on defense – compared…

Sweden's Massive Defense Spending Increase: 300 Billion Kronor Boost

2025-03-26 11:58:00 The Winds of Change: Sweden’s Bold Defense Spending Strategy As global geopolitical tensions rise,… The post Sweden’s Massive Defense Spending Increase: 300 Billion Kronor Boost appeared first on TIme News.