Current:Home > reviewsOn the brink of joining NATO, Sweden seeks to boost its defense spending by 28% -Wealth Legacy Solutions
On the brink of joining NATO, Sweden seeks to boost its defense spending by 28%
Poinbank View
Date:2025-03-11 07:29:15
STOCKHOLM (AP) — The Swedish government said Monday it wants to increase its defense budget by 28%, putting it on track to reach the military spending target 2% of gross domestic product set by the NATO alliance, which the Scandinavian country is preparing to join.
“We are in the most serious security policy situation since the end of World War II, which requires Sweden to have a defense that is ready to protect Swedish territory,” defense minister Pål Jonson said.
Unveiling a defense bill for 2024, Sweden’s center-right coalition government said military spending would increase by a total of 27 billion kronor ($2.4 billion). Of that amount, approximately 700 million kronor ($63 million) will be spent on Sweden’s future membership of NATO.
Jonson said Sweden must adapt its preparedness and its military exercises to prepare for NATO membership but must also continue its support for Ukraine.
In May last year, Sweden — and neighboring Finland — sought protection under NATO’s security umbrella after Russia invaded Ukraine.
However, Sweden, which abandoned a long history of military nonalignment, is still waiting to become the 32nd member of the alliance. Finland joined earlier this year.
New entries must be approved by all existing members, but Turkey has so far refused to ratify Sweden’s application. Ankara said this was because Sweden was refusing to extradite dozens of people suspected of links to Kurdish militant organizations.
Turkey has also criticized a series of demonstrations in both Sweden and Denmark where the Quran, Islam’s holy book, was burned.
At a NATO summit in Vilnius in July, Turkey’s President Recep Tayyip Erdogan said Turkey would drop its objection to Sweden’s membership, after more than a year of blocking it. However, the Turkish parliament must still ratify the application, as must Hungary.
The three-party Swedish government consists of the conservative Moderates, the Christian Democrats and the Liberals. They have a majority in the Swedish parliament with the help of the Sweden Democrats, a far-right party that has entered the political mainstream after years of being treated as a pariah by the other parties.
veryGood! (17)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- A Minnesota city will rewrite an anti-crime law seen as harming mentally ill residents
- Red Lobster cheddar bay biscuits still available in stores amid location closures, bankruptcy
- Ben Affleck Goes Out to Dinner Solo Amid Jennifer Lopez Split Rumors
- Federal hiring is about to get the Trump treatment
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Chow Down
- Kate Hudson Details “Wonderfully Passionate” Marriage to Ex Chris Robinson
- At least 40 villagers shot dead in latest violence in Nigeria’s conflict-hit north
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Mississippi woman pleads guilty to stealing government funds
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- A Canadian serial killer who brought victims to his pig farm is hospitalized after a prison assault
- A Canadian serial killer who brought victims to his pig farm is hospitalized after a prison assault
- Louisiana Republicans reject Jewish advocates’ pleas to bar nitrogen gas as an execution method
- Average rate on 30
- UN maritime tribunal says countries are legally required to reduce greenhouse gas pollution
- MIT-educated brothers accused of stealing $25 million in cryptocurrency in 12 seconds in Ethereum blockchain scheme
- China sanctions former US lawmaker who supported Taiwan
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
How to get a free 6-piece chicken nugget from McDonald's this Wednesday
What is in-flight turbulence, and when does it become dangerous for passengers and crews?
South Carolina governor vetoes bills to erase criminal history in gun and bad check cases
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Wembanyama becomes 1st NBA rookie to make first-team All-Defense
Lauryn Hill’s classic ‘Miseducation’ album tops Apple Music’s list of best albums of all time
Russian general who criticized equipment shortages in Ukraine is arrested on bribery charges