Two NATO Allies Commit to 5% Defense Spending Amid Trump Pressure: Report
Lithuania and Estonia have become the first NATO members to pledge an increase in defense spending to five percent of GDP, according to a report by the Financial Times.Lithuanian Foreign Minister Kestutis Budrys and Estonian Prime Minister Kristan Michal confirmed their countries' commitment to strengthening defense capabilities in response to regional security concerns,
Lithuania and Estonia pledge to meet Donald Trump’s 5% target on defence spending
Kęstutis Budrys, Lithuania’s foreign minister, told the Financial Times that Europe was facing a “new era” after the Baltic state, which is next to Russia, said it would spend between 5 per cent and 6 per cent of its GDP on defence from next year until at least 2030. That is about double the current level.
NATO Could Raise Its Future Defense Spending to Five Percent
The proportion of NATO nations meeting the two percent benchmark has skyrocketed since 2022. Today, some members are aiming even higher.
Scholz says NATO and EU should increase defense spending
German Chancellor Olaf Scholz said that NATO and the European Union should increase defense spending. This is due to the threat from the Russian shadow navy, Tagesschau reports. According to Scholz, European NATO and EU countries should continue to increase their defense spending.
Lithuania, Estonia pledge 5% defense spending, following Trump's call, FT reports
Lithuania and Estonia have become the first NATO members to meet U.S. President Donald Trump's call to raise defense spending to more than 5% of GDP, Financial Times reported on Jan. 27. Trump reiterated his demand on Jan.
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Pskov boarding — Estonia is preparing pirates of the XXI century
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NATO Updates on $42 Billion Ukraine Pledge
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11 Baltic cables damaged in 15 months, pushing NATO to boost security
NATO is deploying eyes in the sky and on the Baltic Sea to protect cables and pipelines that stitch together the nine ...
EU countries call for European Investment Bank to push into defence funding
Nineteen European Union countries, including France and Germany, are calling for the European Investment Bank to boost lending for the defence industry as the 27-nation EU seeks ways to improve its ...