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Monday, May 27, 2024

Lithuanian President Nausėda calls for increased military spending

Mr Nausėda secured a second five-year term with a landslide win in a run-off election on Sunday.

• May 27, 2024
President Gitanas Nausėda (Credit: Punch)
President Gitanas Nausėda (Credit: Punch)

Lithuania’s newly re-elected President Gitanas Nausėda, on Monday, called for a further increase in the Baltic country’s military spending.

“I think we should aim for at least 3.5 per cent of gross domestic product (GDP) in the coming years,” said Mr Nausėda at a press conference in Vilnius.

Mr Nausėda secured a second five-year term with a landslide win in a run-off election on Sunday.

He said the modernisation of the Lithuanian army, the implementation of universal conscription and the stationing of a German brigade in Lithuania would require extra financial resources.

Vilnius currently spends 2.7 per cent of its GDP on the military, with the figure set to reach three per cent in 2025 under proposals submitted last week by the finance ministry.

“In my opinion, this is insufficient,” said Mr Nausėda, who has repeatedly called on other NATO states to increase military spending.

In the wake of Russia’s invasion of Ukraine, the German government pledged to permanently station a combat-ready brigade of up to 5,000 German soldiers in Lithuania.

Lithuanian defence minister, Laurynas Kasčiūnas, has said the German force could cost the country 800 million euros ($870 million) in the coming years.

(dpa/NAN)

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