By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Lithuania vows to raise defence spending to 5-6% of GDP to combat threat from Russia
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > World News > Lithuania vows to raise defence spending to 5-6% of GDP to combat threat from Russia
World News

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

By Viral Trending Content 4 Min Read
Share
SHARE

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.

Lithuania will increase its defence spending to between 5% and 6% of GDP starting in 2026 due to the threat of Russian aggression in the region, the Baltic nation’s President Gitanas Nausėda said on Friday.

Nausėda said the “historic decision” was taken by the the country’s State Defence Council on Friday to achieve that level of spending from 2026 to 2030.

“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

You Might Also Like

A ‘glass-like’ battlefield: German Army chief on the future of warfare

How the U.S.-Israeli Strikes on Iran Have Damaged Schools and Hospitals

Lebanon Searches for Survivors After Israeli Barrage

Israel’s cabinet instructed ‘to begin direct negotiations’ with Lebanon, Netanyahu says

Watch: Orbán vs Magyar — where do Hungary’s rivals really stand on Europe?

TAGGED: Europe
Share This Article
Facebook Twitter Copy Link
Previous Article Grand Theft Auto 6 Costing $80-$100 Could Shatter a “Key Price Barrier”, Says Analyst
Next Article Thousands attend Anti-Trump march
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?