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.

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

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.

Lithuania is to increase its defense spending to between 5 percent and 6 percent of its GDP from 2026, matching Trump's target.

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

VILNIUS, Lithuania (AP) — 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.

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 Presi

VILNIUS, Lithuania (AP ... Lithuanian President Gitanas Nausėda said Friday. The Baltic nation, which borders Russia, currently spends a bit over 3%. With the president's pledge, it becomes ...

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 ...

Lithuania Vows to Boost Defense Spending to 5-6% of GDP, Citing the Threat of Russian Aggression VILNIUS ... Lithuanian President Gitanas Nausėda said Friday. With the president's pledge ...