Upgrading Sweden’s infrastructure to meet the demands of NATO won’t come cheap, a study from the Stockholm Chamber of Commerce shows. Between road and railroad improvements, including electrifying the 1,300 km Inlandsbanan railroad, the country is looking at a price tag of approximately €9.7Bn. Six transportation routes have been identifiedContinue Reading
COPENHAGEN, Denmark — The Norwegian center-left government said Thursday that it wants to add 7 billion kroner ($630 million) to the Scandinavian country’s armed forces over the next 12 years amid increased tensions in the region. The announcement came on top of plans announced last month of a “historic increase”Continue Reading
While recent coalitions have agreed that defense spending would not be touched even during difficult times, Postimees’ information suggests that the ministry’s initial proposal was that of a universal cut. A top official standing close to state budget deliberations told the paper that the Ministry of Finance has presented theContinue Reading