Financial crisis rocks Swedish military
Published: 12 Jan 08 10:35 CET
Online: http://www.thelocal.se/9635/
Sweden's armed forces are mulling extensive cutbacks as a deepening economic crisis looms in 2008.
Lietenant General Jan Salestrand confirmed that the military was experiencing considerable financial problems.
"I want to underline the fact that we are sticking to our allocation and looking after our finances - but this also means that we have to put measures in place to reduce our ambitions and operations," he told Svenska Dagbladet.
The military is weighing up drastic action in its bid to balance the books, with new directives scheduled to be sent out to its various units next week.
Full story
http://www.thelocal.se/9635/20080112/
Published: 12 Jan 08 10:35 CET
Online: http://www.thelocal.se/9635/
Sweden's armed forces are mulling extensive cutbacks as a deepening economic crisis looms in 2008.
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Lietenant General Jan Salestrand confirmed that the military was experiencing considerable financial problems.
"I want to underline the fact that we are sticking to our allocation and looking after our finances - but this also means that we have to put measures in place to reduce our ambitions and operations," he told Svenska Dagbladet.
The military is weighing up drastic action in its bid to balance the books, with new directives scheduled to be sent out to its various units next week.
Full story
http://www.thelocal.se/9635/20080112/
