Lithuania's president says his country has made the decision to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026.

Higher defense spending will not be financed by cutting the welfare state but by combining national and EU money, Dovilė Šakalienė told POLITICO.

Currently, Lithuania spends just over 3 percent of its GDP on defense, a figure that places it well below the new target. The decision, confirmed by Lithuanian President Gitanas Nausėda on Friday, reflects growing concerns about Russian military ...

Lithuania has decided to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression in the region, Lithuanian President Gitanas Nausėda said Friday.

VILNIUS, Lithuania (AP ... Lithuanian President Gitanas Nausėda said Friday. With the president’s pledge, the Baltic nation bordering Russia becomes the first NATO nation to vow to reach ...

RUKLA - Lithuanian President Gitanas Nausėda expects that NATO and Nordic efforts in the Baltic Sea will deter attempts to damage underwater infrastructure.

VILNIUS - President Gitanas Nausėda is set to table legislative amendments to increase the share of profit that the Bank of Lithuania transfers to the state's coffers, as part of efforts to boost defense funding, his advisor said on Friday.

One of the Russian ships was detained Sunday by the Swedes for further investigation, the Journal reports. The ship’s owner blamed bad weather and said his crew is innocent. The owner of one of the other ships—Norwegian-flagged cargo ship Silver Dania—agreed to have it towed into port for further inquiry.

The Swedish coastguard has boarded a tanker after launching a sabotage investigation into damage to another telecommunication cable in the Baltic Sea. Footage from Swedish broadcaster SVT published on Monday showed Swedish personnel boarding a Maltese-flagged vessel during the night.

Lithuania launched its first hydrogen-powered ship; Vilnius asked Minsk to suspend Astravyets NPP operation President to propose increasing central bank’s contribution to the state budget President Gitanas Nausėda will propose legislative amendments to increase the share of profit that the Bank of Lithuania transfers to the state’s coffers,

VILNIUS - After another cable was damaged in the Baltic Sea on Sunday, Lithuanian Prime Minister Gintautas Paluckas said on Monday that the European Union (EU) could provide financial support to countries affected by apparent acts of sabotage.

Linas Jegelevičius After Donald Trump’s unexpected return to the White House, many in Lithuania are left wondering what to expect from the billionaire Republican this time around. Most Lithuanian politicians appear to be adopting a cautious “wait-and-see” approach,