Sweden plans to increase its defense spending to 3.5% of GDP by 2030, marking the country’s largest military buildup since the Cold War. The move would raise spending from the current level of 2.4% and reflects concerns over Russia’s war in Ukraine and uncertainty about the future of U.S. defense commitments to Europe.
International

Why is Sweden raising its defense spending to 3.5% of GDP?

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Sweden boosts defense spending to 3.5% of GDP by 2030, largest military buildup since Cold War, amid Russia's aggression.


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