* . * . . .
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
Thursday, May 22, 2025
Love Europe
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
Love Europe
No Result
View All Result
Home Lithuania

Lithuania vows to raise defence spending to 5-6% of GDP to combat threat from Russia

January 22, 2025
in Lithuania
Lithuania vows to raise defence spending to 5-6% of GDP to combat threat from Russia
Share on FacebookShare on Twitter
ADVERTISEMENT

“The possibility of Russian military aggression is still real, but not imminent. We need to increase our efforts to strengthen defence and deterrence significantly, devoting more resources to this end,” Nausėda said at a press conference in Lithuania’s capital Vilnius.

The NATO and EU member, which borders Russia and its ally Belarus, currently spends slightly more than 3% of GDP on defence.

Reaching the 5% target would make Lithuania the NATO country spending the most on defence as a percentage of its GDP. The current leader is Poland, which spends more than 4% of its GDP on defence and is projected to approach 5% by the end of the year.

Lithuania’s announcement comes after US President-elect Donald Trump this month called for NATO allies to raise defence spending to 5% of GDP — a level currently unmatched by any member of the military alliance — up from the current 2% target.

Trump has for years expressed scepticism about NATO, openly questioning the value of the alliance that has defined US foreign policy for decades, and more recently threatening not to defend members that fail to meet defence-spending goals.

There has been a mixed reaction from European NATO leaders to Trump’s comments, with some stressing the difficulty of spending so much on defence, while others — particularly those on NATO’s eastern front who feel most vulnerable — backed the idea.

“Our security is also assured by our membership in the NATO alliance, but it will only be effective if we are prepared to defend ourselves,” Nausėda said.

Speaking at the press conference alongside President Nausėda, Defence Minister Dovilė Šakalienė said the additional spending would go toward advance payments on Leopard tanks, air defence systems and other equipment, which will help to accelerate deliveries.

Šakalienė belongs to a new centre-left government that took office last year vowing to make security a key priority for the small nation of just under 3 million people. The government last month increased its international borrowing limit in order to be able to borrow the money for defence investments.

NATO members have ramped up defence spending following Russia’s full-scale invasion of Ukraine in February 2022. As of the end of last year, 24 of its 32 countries had met the 2% of GDP spending target, up from just seven nations in 2018.

Additional sources • AP

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=679098e8629542e7bac25cfeec5279b5&url=https%3A%2F%2Fwww.euronews.com%2Fmy-europe%2F2025%2F01%2F17%2Flithuania-vows-to-raise-defence-spending-to-5-6-of-gdp-to-combat-threat-from-russia&c=1027636642805360255&mkt=en-us

Author :

Publish date : 2025-01-17 05:39:00

Copyright for syndicated content belongs to the linked Source.

Tags: EuropeLithuania
ADVERTISEMENT
Previous Post

European court’s opinion in soccer case threatens authority of sports court CAS and FIFA

Next Post

US decision to pull out of global tax deal regrettable

Related Posts

Lithuania

Lithuania Takes a Stand Against Belarus in ICJ Case – EUROP INFO

Lithuania

Lithuania’s Thrilling NATO Military Exercise – EUROP INFO

Lithuania

Lithuania and Nine Nations Join Forces to Protect Underwater Infrastructure – EUROP INFO

ADVERTISEMENT

Highlights

Former Ukrainian President’s Adviser Gunned Down Near School in Spain – EUROP INFO

Can Ukraine Thrive on Its Own? Seven Essential Questions to Consider – EUROP INFO

Implications for Citizenship by Investment – EUROP INFO

Vassilis Spanoulis and Monaco Dazzle with a Spectacular Debut in Abu Dhabi! – EUROP INFO

Revolutionary Floating Offshore Wind Prototypes Set to Make Waves in Norway! – EUROP INFO

Categories

Archives

January 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Dec   Feb »
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2024 Love-Europe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version