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.
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 ...
Higher defense spending will not be financed by cutting the welfare state but by combining national and EU money, Dovilė Šakalienė told POLITICO.
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
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 ...
Russia has recently taken a page out of Trump's book and is proposing to rename the Gulf of Finland the Gulf of St. Petersburg.
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.
Lithuania launched its first hydrogen-powered ship; Vilnius asked Minsk to suspend Astravyets NPP operation President to propose increasing central bank’s contribution to the state budget President Gitanas Nausėda will propose legislative amendments to increase the share of profit that the Bank of Lithuania transfers to the state’s coffers,
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.
President Nausėda called Trump’s Greenland remarks unacceptable; a new batch of 50 JLTVs arrived in Lithuania Wizz Air resumes Vilnius-Tel Aviv flights Hungary’s low-cost carrier Wizz Air is resuming flights from Vilnius to Tel Aviv,