Bloomberg announced Sweden's plans to introduce a tax for banks over Russia

This was reported by Bloomberg.

According to the Minister of Finance of Sweden, Magdalena Andersson, this tax will be able to bring about $ 508 million for defense spending by 2020.

“Banks may be taxed higher than they are now ... They also pose a risk to the economy, so I think it’s reasonable for them to contribute more,” Andersson said.

According to the agency, a statement on the introduction of a new tax was made against the backdrop of reports of government intentions to increase defense spending from 1% to 1.5% of GDP by 2025.

Earlier, NATO spokeswoman Oana Lungescu said that “the Baltic Sea is of vital strategic importance to the Alliance and borders on six NATO countries.”