Lithuania and Estonia have become the first NATO members to pledge an increase in defense spending to five percent of GDP, ...

Estonian Prime Minister Kristen Michal responded to Lithuania’s pledge by saying his country would also target 5 per cent of ...

Securing an end to the fighting in Ukraine must take place with Kyiv's full involvement and come with more defense spending ...

VILNIUS - As Lithuania looks to boost economic growth and raise additional funding for defense, the national development bank ILTE will be reinforced by doubling or tripling its share capital, Finance ...

The establishment of the European Union (EU) defense funds will be a long-term process that requires significant effort from ...

VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression in ...

Lithuania Vows to Boost Defense Spending to 5-6% of GDP, Citing the Threat of Russian Aggression VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5% ...