Sweden is not an official ally, but as the largest Scandinavian country, she has influence from Finland, through the Baltic and across the sea to Iceland.
The Swedish parliament has approved an increase of a whopping 40% in the defence expenditure to counter the threat of Russian aggression. This will take the Swedish defence expenditure to USD 11 billion. This is the first such massive increase in the Swedish defence expenditure in the last 70 years. Only last week, the main parties in the Swedish parliament also adopted the stand to support NATO membership.
Troop numbers will rise from 60,000 to 90,000 over the next four years and annual defence spending will increase by 40 per cent to £7.2 billion, or about 1.5 per cent of GDP, under a budget passed by MPs on Wednesday.
A Swedish parliamentary majority in favour of readiness to join NATO as a possible security policy option has emerged for the first time after the far-right Sweden Democrats party shifted position on the military alliance.However, the government, which decides foreign and security policies, remained opposed to adopting such a “NATO option”.The introduction of a “NATO option” would not mean Sweden would apply for membership of the U.S.-led Western alliance but rather that Sweden would consider it down the road if deemed necessary for security.
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