Sweden invests $10 million preparing nuclear bunkers - London Business News | Londonlovesbusiness.com
Briefly

Swedish authorities are responding to heightened security risks by renovating their nuclear bunkers, with an estimated two to three years for completion. This comes amid warnings about a potential Russian aggression against NATO by 2030. With about 64,000 bunkers available, the focus is on improving emergency services and cybersecurity. Prime Minister Ulf Kristersson has noted an evolved security landscape, stating that Sweden is embarking on its most significant rearmament since the Cold War, planning to increase defense spending significantly over the next decade.
The Swedish authorities are renovating their nuclear bunkers, anticipating possible warfare, reflecting heightened tensions and a revised security posture in response to threats.
Sweden's Prime Minister stated, 'We have a completely new security situation... uncertainties will remain for a long time,' highlighting the shift in their defense perspective.
The MSB is reinforcing cybersecurity, enhancing emergency services, and upgrading shelters to protect against various threats, indicative of comprehensive defense preparedness.
Sweden plans to increase defense spending to 2.6% of GDP, aiming for 3.5% by 2030, signifying a significant commitment to national security.
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