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European Nation To Start Stockpiling Food

European Nation To Start Stockpiling Food

Summary

Sweden plans to create a national food stockpile for the first time since the Cold War. The government will spend 575 million kronor ($60 million) on storing grain in northern regions of the country. This action comes amid concerns about security threats, particularly from Russia.

Key Facts

  • Sweden has joined NATO recently and is responding to increased security concerns.
  • The Swedish government is allocating $60 million for emergency grain storage.
  • The food stockpiling will be focused on the northern parts of Sweden.
  • This move is a response to potential threats from Russia.
  • The stockpile aims to support up to 95% of the population for three months with 3,000 calories per day.
  • The Swedish government will procure grains without disrupting the agricultural market.
  • Similar initiatives may be considered by other European countries as a precaution against conflicts.
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