Lithuanian Prime Minister Inga Ruginiene announced that Lithuania will allocate 5.38% of its gross domestic product (GDP), equivalent to 4.79 billion euros, for defense in 2026, thus setting a record for the country. This decision comes in response to the deteriorating security situation in the region, especially after Russia's invasion of Ukraine, with Lithuania fearing it may become the next target of Moscow. The defense budget will include not only military expenditures but also investments in infrastructure, such as roads to military training camps. This year, Lithuania allocates 4.05% of GDP for defense. Additionally, the new government coalition has promised to meet NATO's target of allocating 5% of GDP for defense by 2035.
Sources
Latest News
23:13
Montenegrin authorities expelled the founder of the Russian military blog Rybar
23:02
Donald Trump announced that Russia will begin massive diesel deliveries to the US and the global market, following a discussion with Vladimir Putin
22:58
A Romanian woman was killed in Spain, and her husband, suspected of the murder, allegedly later committed suicide
22:25
A Romanian man who went missing in Italy was found dead in a river
22:21
A magnitude 7.6 earthquake occurred off the coast of Panama / Tsunami warnings were issued
See more news