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Ukraine takes leading position in arms race among Russia’s neighbors

Last year, despite the economic crisis, Ukraine has increased its military expenses by almost a quarter. And this is not the limit. Moreover, all Russia's neighbors have joined the arms race.

Russia made all its neighbors increase their expenses for army. And this is despite the general world trend to reduce military budgets. Such statistics was published by La Tribune.

And Ukraine is among the leaders of the arms race, being de facto in the state of war with Russia. In 2014, Kyiv increased its military expenses by 23%, this year it is expected even more. And this is despite the economic crisis. According to the experts of the Stockholm International Peace Research Institute, the conflict in the Donbas may force Ukraine to increase these spendings even twice, if due to the financial investments of the IMF, the European Union and the European Bank for Reconstruction and Development, Ukraine manages to avoid default.

At the same time, Moscow continues to increase military power too. In 2014, Russia also increased its defense budget by 8%. Despite the fact that the percentage is not high, and the plans for 2015 are not as ambitious as it was expected, the amount of expenditure on the army is still impressive – 84.5 billion dollars. Next year it may increase by another 15%.

Experts say, this arms race has spread to all Russian neighbors, whose military expenses are growing in spite of general trends. Meantime, in the world, particularly in the United States, they have been reduced for the third consecutive year.