Posts tagged as Latvia’s defense budget

Next year Latvia’s defense budget should be allocated by EUR 20 million more than minimum requirement

Friday, March 29, 2019

When planning next year’s budget, defense sector should be allocated by EUR 10-20 million more than the necessary 2 percent of the gross domestic product (GDP), said Latvian Defense Minister Artis Pabriks (For Development/For) in an interview with the Latvian public television today. The minister said that 2 percent of GDP is the minimum that is necessary to meet the NATO requirements, but there should be a reserve of EUR…