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, [..]
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 [..]