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.
VILNIUS - After another cable was damaged in the Baltic Sea on Sunday, Lithuanian Prime Minister Gintautas Paluckas said on Monday that the European Union (EU) could provide financial support to countries affected by apparent acts of sabotage.
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.
President Gitanas Nausėda said during a press briefing in the Lithuanian capital, Vilnius: "The possibility of Russian military aggression is still real, but not imminent. We need to increase our efforts to strengthen defense and deterrence significantly ...
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 ... 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 ...
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. The Baltic
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 ...
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.