EU – Baltic States, Financial Services, Lithuania, Markets and Companies, Security
International Internet Magazine. Baltic States news & analytics
Friday, 19.04.2024, 19:51
Lithuania’s president sees chances to implement parties’ deal on 2.5 % defense spending
Some of the parties had not signed the respective agreement,
the president said adding that he had been assured that those parties would
approve of increased defense spending if it was accompanied by increased
spending, expressed as a share of GDP, on social needs.
“I think it [the commitment on the defense spending of 2.5 %
of GDP] is a right decision but it will be difficult to implement if we do not
pursue a higher level of GDP redistribution through the budget,” he said at a
news conference.
“There are certain parties, which have rather good chances
in the upcoming general election and which are rather skeptical about this
goal. However, I was assured during consultations with their leaders that those
parties would not be too categorical about the relative raising of defense
spending if we managed to increase spending, expressed as a share of gross
domestic product, on social security at the same time,” Nauseda said.
“Is it possible to do that? It is difficult but possible,”
he added.
Lithuania has an agreement by parliamentary parties, except
for the social democrats, in place, stipulating a gradual increase in defense
spending to at least 2.5 % GDP by 2030, from approximately 2% at present.
According to Gintautas Paluckas, the leader of the Social
Democratic Party of Lithuania, the party supported the country’s commitment on
defense spending of 2% of GDP and was open to discussions about increased
spending but those discussions had to change.
“We support commitments, such as international commitments
to NATO, of 2 %. We can discuss the raising of defense spending but our
skepticism could only be reduced by the expansion of the notion of defense,” he
told.
The social democrats called to consider proposals to include
youth and healthy lifestyle promotion projects as well as science funding into
the area of defense, also to expand the notion of threats to national security,
which, in their view, could include issues pertaining to social exclusion.
- 28.01.2022 BONO aims at a billion!
- 26.08.2021 LLC Dizozols Investments finalizes investment attraction deal with Crowdestor with record-high profits
- 25.01.2021 Как банкиры 90-х делили «золотую милю» в Юрмале
- 30.12.2020 Накануне 25-летия Балтийский курс/The Baltic Course уходит с рынка деловых СМИ
- 30.12.2020 On the verge of its 25th anniversary, The Baltic Course leaves business media market
- 30.12.2020 Hotels showing strong interest in providing self-isolation service
- 30.12.2020 EU to buy additional 100 mln doses of coronavirus vaccine
- 30.12.2020 ЕС закупит 100 млн. дополнительных доз вакцины Biontech и Pfizer
- 29.12.2020 В Rietumu и в этот раз создали особые праздничные открытки и календари 2021
- 29.12.2020 Latvia to impose curfew, state of emergency to be extended until February 7