MilitaryBudget

Germany’s Pistorius unveils roadmap to achieve planned 5% NATO target

German Defence Minister Boris Pistorius on Tuesday unveiled a roadmap for how to achieve a potential new NATO target for defence spending. On the sidelines of a meeting of EU [..]

Lithuanian parliament opens new session with defence funding as key priority

The Lithuanian Seimas opened its regular spring session on Monday with a focus on proposed tax changes to boost funding for national defence. Lithuania’s State Defence Council declared in January [..]

Latvian minister: 5% defence spending realistic goal

Latvian Economics Minister Viktors Valainis told Latvian Television on Wednesday that the idea of raising defence spending in Latvia to 5% of gross domestic product (GDP) is an attainable goal, [..]

Lithuanian ministry proposes funding defense via corporate, insurance, excise tax hikes

The Lithuanian Finance Ministry on Tuesday proposed to raise additional funds for defense by increasing the corporate tax rate by one percentage point, hiking excise duty on fuel, and introducing [..]