Lithuania's president says his country has made the decision to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026.
Higher defense spending will not be financed by cutting the welfare state but by combining national and EU money, Dovilė Šakalienė told POLITICO.
Currently, Lithuania spends just over 3 percent of its GDP on defense, a figure that places it well below the new target. The decision, confirmed by Lithuanian President Gitanas Nausėda on Friday, reflects growing concerns about Russian military ...
Lithuania has decided to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression in the region, Lithuanian President Gitanas Nausėda said Friday.
VILNIUS, Lithuania (AP ... Lithuanian President Gitanas Nausėda said Friday. With the president’s pledge, the Baltic nation bordering Russia becomes the first NATO nation to vow to reach ...
RUKLA - Lithuanian President Gitanas Nausėda expects that NATO and Nordic efforts in the Baltic Sea will deter attempts to damage underwater infrastructure.
Lithuania seems to be sending a message that it will continue its support for Ukraine whether the U.S. continues to do so or not.
The Lithuanian Ministry of Defence has announced that it intends to increase its spending to a minimum of 5% of GDP.** **This is more than any other country in the Alliance spends.** **However, Vilnius considers this step necessary.
VILNIUS - President Gitanas Nausėda is set to table legislative amendments to increase the share of profit that the Bank of Lithuania transfers to the state's coffers, as part of efforts to boost defense funding, his advisor said on Friday.
The Baltic nation's announcement comes weeks after US President-elect Donald Trump said NATO allies should spend at least 5% of GDP on defence.View on euronews
One of the Russian ships was detained Sunday by the Swedes for further investigation, the Journal reports. The ship’s owner blamed bad weather and said his crew is innocent. The owner of one of the other ships—Norwegian-flagged cargo ship Silver Dania—agreed to have it towed into port for further inquiry.
The Swedish coastguard has boarded a tanker after launching a sabotage investigation into damage to another telecommunication cable in the Baltic Sea. Footage from Swedish broadcaster SVT published on Monday showed Swedish personnel boarding a Maltese-flagged vessel during the night.