Posts tagged as Latvia’s defense budget

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…