The Lithuanian parliament on July 10 adopted budget amendments to increase spending on national defense by 37.6 million euros. The decision, which was predicted by Stratfor, passed with the support of the government and the opposition and was praised by the American Embassy in Lithuania. With this measure, Lithuania will take its military spending closer to 1 percent of gross domestic product - a mark still well below NATO’s official target of 2 percent.
Some experts call the current tensions between Russia and the West the new Cold War. Meanwhile, NATO countries, especially the ones that are on the outskirts of the Alliance, are concerned about the lack of funding for defence. Would two per cent of the GDP, in the face of Russian aggression, be enough to repel the fully armed eastern neighbour, should the need arise?
The Seimas of Lithuania adopted budget amendments which allow to increase spending on national defence by LTL 130 million (EUR 37.6 million). 100 MPs voted in favour of the proposal, none voted against and 2 abstained.
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