Press "Enter" to skip to content

Sweden plans Enormous Increase to military Funding amid growing Anxiety with Russia

Sweden has declared a huge strategy to improve its military powers.

It comes amid rising tensions with Russia, which Sweden accused many times lately of violating its airspace and waters.

The new investment, that will be set to be rolled out from 2021 and 2025, will observe a 40 percent gain in the nation’s military cost – the largest since the 1950s.

Upon declaring the strategy, Swedish defense minister Peter Hultqvist explained that”an armed attack” from the nation”can’t be ruled out”.

Talking on Euronews Tonight, he recorded a collection of Russian army initiatives which caused him concern.

“We possess the Russian aggression against Georgia, we’ve got that the annexation of Crimea against international law, we’ve got the battle in Ukraine, we’ve got a lot of military actions in the Belarusian region, we’ve got a construction of Russian military abilities at the Kola Peninsula, also we all now have more activities at the atmosphere and on the sea at the Baltic Sea region,” he explained.

“We’ve reactivated conscription assistance, we’ve about 5,000 conscripts, and we’re going to go around 8,000 at 2025,” he added.

“We can also set new regiments and we are going to extend the organization from 60,000 to 90,000 staff”

Sweden will also plan to put in the fifth submarine to its navy, upgrade weapons to the military and air pressure and measure up cybersecurity.

Even though Sweden isn’t a member of NATO, Hultqvist explained that the nation has strong”relations” with its global partners, like the US, the united kingdom, Germany, Finland, and Poland.