Defense spending to increase
VILNIUS - Lithuanian President Dalia Grybauskaite, during her annual State of the Nation address at the Parliament, stressed that the country shall increase the funding for defence up to 2% of its GDP, in the next five years, in order to cope with the changing security situation, in the context of the Crimea crisis.
Lithuania now spends only nearly 0.8% of GDP on defence and is behind all NATO member-countries in this respect, except for Luxembourg. NATO partners, including the United State ...
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