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Home Lithuania

EIB Fuels Lithuania’s Defense with €540 Million Boost for New Military Base

June 29, 2025
in Lithuania
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Source link : https://europ.info/2025/06/28/eib-fuels-lithuanias-defense-with-e540-million-boost-for-new-military-base/

The European Investment Bank (EIB) has approved a €540 million loan to support the construction of a new military base in Lithuania, marking a significant boost to the Baltic nation’s defense infrastructure. This move comes amid heightened security concerns in the region, underscoring the EU’s commitment to strengthening member states’ military capabilities. The funding is expected to enhance Lithuania’s readiness and resilience, reflecting broader efforts to reinforce defense cooperation within the European Union.

EIB Financing Strengthens Lithuania’s Strategic Defense Infrastructure

The European Investment Bank (EIB) has committed a substantial €540 million loan to support the construction of a cutting-edge military base in Lithuania, marking a key milestone in enhancing the country’s defense capabilities. This financial injection is part of a broader strategy to bolster NATO’s eastern flank, enabling Lithuania to respond swiftly to emerging security…

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Author : Samuel Brown

Publish date : 2025-06-28 22:24:00

Copyright for syndicated content belongs to the linked Source.

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Tags: EuropeLithuania
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