Re-elected Lithuanian President calls for higher military spending

by IANS |

Vilnius, May 27 (IANS/DPA) Lithuania's newly re-elected President Gitanas Nauseda on Monday called for a further increase in the Baltic country's military spending.


"I think we should aim for at least 3.5 per cent of gross domestic product (GDP) in the coming years," said Nauseda at a press conference in Vilnius.


Nauseda, who secured a second five-year term with a landslide win in a run-off election on Sunday, said the modernisation of the Lithuanian army, the implementation of universal conscription, and the stationing of a German brigade in Lithuania would require extra financial resources.


Vilnius currently spends 2.7 per cent of its GDP on the military, with the figure set to reach three per cent in 2025 under proposals submitted last week by the Finance Ministry.


"In my opinion, this is insufficient," said Nauseda, who has repeatedly called on other NATO states to increase military spending.


In the wake of Russia's invasion of Ukraine, the German government pledged to permanently station a combat-ready brigade of up to 5,000 German soldiers in Lithuania.


Lithuanian Defence Minister Laurynas Kasciunas has said the German force could cost the country €800 million ($870 million) in the coming years.

Latest News
PM Modi to release Rs 20,000 crore to farmers during Varanasi visit on June 18 Sat, Jun 15, 2024, 03:53 PM
Millwall goalkeeper Matija Sarkic dies aged 26 Sat, Jun 15, 2024, 03:51 PM
Researchers link hot weather with increased headaches for people with migraines Sat, Jun 15, 2024, 03:32 PM
Kangana shares video of PM Modi with Giorgia Meloni; hails his support for women Sat, Jun 15, 2024, 03:29 PM
Water conservation campaign will become a movement in state: MP CM Sat, Jun 15, 2024, 03:28 PM
Congress govt got tight slap from Karnataka court on Yediyurappa matter: Union Min Pralhad Joshi Sat, Jun 15, 2024, 03:26 PM
Wayanad or Raebareli? Rahul Gandhi likely to decide on Monday Sat, Jun 15, 2024, 03:23 PM
Indian stock markets breaking global benchmarks in equity market cap Sat, Jun 15, 2024, 02:56 PM
PM Modi hails India-Italy friendship after Meloni shares 'Melodi' selfie video Sat, Jun 15, 2024, 02:53 PM
Kuwait fire: 14 Keralites under treatment out of danger Sat, Jun 15, 2024, 02:28 PM
Scholz calls Swiss-hosted Ukraine talks an early step to forge peace Sat, Jun 15, 2024, 02:27 PM
US aid pier off Gaza to be temporarily removed due to bad weather Sat, Jun 15, 2024, 02:13 PM
Philippines says 21 of 22 Filipino crew on attacked ship in Red Sea rescued, safe Sat, Jun 15, 2024, 02:11 PM
Swati Maliwal case: Judicial custody of CM Kejriwal's aide Bibhav Kumar extended Sat, Jun 15, 2024, 02:04 PM
Will work towards fulfilling PM Modi's semiconductor initiatives: Minister Kumaraswamy Sat, Jun 15, 2024, 01:49 PM