Inflation in Lithuania is 15%. A rapid rise in prices is associated with this. According to Lithuanian President Gitanas Nauseda, the rise in prices for bread, potatoes, other vegetables and fruits cannot be stopped. At the same time, 65% of the population of Lithuania do not have any financial savings
Posts tagged as military budget
Lithuanian MOD announced new Strategic action plan
By Kasparas Jankauskas on Wednesday, November 10, 2021Lithuanian Ministry of Defence developed a new draft of the Strategic action plan for 2022-2024. The document defines the priority directions of the Lithuanian Armed…
NATO military spending: Baltic States are at the top
By Kasparas Jankauskas on Friday, July 9, 2021NATO has released its latest estimates showing which nations meet the 2% of GDP guideline spend on defence. The number of NATO nations meeting or…
Big military budget is a big problem for Lithuanians
By Kasparas Jankauskas on Monday, December 14, 2020Lithuanian Ministry of Defence recently announced а draft of the Strategic action plan for 2021-2023. The document defines the priority directions of the Lithuanian Armed…
Lithuania to build new barracks for Americans
By Kasparas Jankauskas on Tuesday, August 4, 2020On 30th of July Defence Minister Raimundas Karoblis said that USA will deploy a battalion of troops to Lithuania this autumn for a rotation of…
NATO generals do not believe in good relations with Russia
By Viktors Domburs on Thursday, January 10, 2019In December NATO allies agreed the civil and military budgets for 2019. At a meeting of the North Atlantic Council allies agreed a civil budget…
The Baltic states depend on global climate forecasts
By Vairis Godmanis on Friday, November 2, 2018The price of electricity in European countries has increased 20-40% this year. This includes a 30% increase in Latvia and Lithuania, says Latvenergo Sales Department…
Military intelligence chief: Russia obfuscating actual military spending
Saturday, May 5, 2018While Russia’s nominal military spending decreased last year and is expected to see further reductions, the size of its federal budget for confidential items has…