Defence Minister Carl Haglund says the country’s defence forces will need an additional 150 million euros ($200 million) by the year 2020 to maintain Finland’s defence capability.
This will be in addition to the standard index-related cash increases.
Haglund told a national defence course on Monday, the sum by 2016 alone will be 50 million euros ($67 million).
He noted that failure to gain additional expenditure would require a fundamental reappraisal of the primary functions of the armed forces.
Speaking at a national military defence seminar on Monday, Haglund once again stressed Nordic defence cooperation but noted this would not lead to a defence pact.
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