Sweden to increase military spending to 3.5% of GDP by 2030 after Ukraine conflict

April 17, 2025 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2504/771132-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>The Swedish government has announced an additional 11.5bn Swedish crowns (approximately $1.18bn) in spending for the 2025 budget. This is in response to economic challenges stemming from a trade war initiated by US President Donald Trump, which has adversely affected Sweden’s growth prospects.</p><br> <a href=”https://www.bizcommunity.com/article/sweden-to-increase-military-spending-to-35-of-gdp-by-2030-after-ukraine-conflict-251597a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=257050″>Email</a></p><div style=”clear:left”></div>