Posts tagged as economic hardship

Lithuania to maintain defence spending despite economic hardship

Tuesday, May 5, 2020

Lithuania will maintain its military spending at 2 percent of GDP despite its shrinking economy, the country’s president has assured NATO’s Secretary General Jens Stoltenberg. “The president has emphasised that even though the [Covid-19] pandemic will affect both the social and economic sectors, it will not change Lithuania’s principled stance on its international obligations,” President Gitanas Nausėda’s office said in a press release after a telephone call between the president…