Ministry of Finance: Additional 92 million euros needed for defense next year, 5% of GDP
The Latvian Ministry of Finance states that an additional 92 million euros will be required to meet the defense spending goal of 5% of GDP in the upcoming budget.
Ministry of Finance: An additional 92 million euros is needed for defense next year
The Latvian Ministry of Finance has announced the need for an additional 92 million euros in the defense budget for the next year to meet NATO's target of 5% of GDP for defense spending.
Companies Related to Defense on the Rise
Defense suppliers are benefiting from a wave of heightened purchasing of military equipment due to increased defense spending in Poland and other European countries, driven by geopolitical tensions.
Driving is not our armament, Hampl criticizes government spending on defense
Czech political figure Hampl has criticized the government's defense spending, equating it to unnecessary militarization.
The Cost of the U.S. War in Iran Has Been Revealed - The Amount Seems Impressive
The U.S. Defense Department has requested about $200 billion for the Iran war campaign, while true costs, including lifetime benefits for veterans, may exceeding $1 trillion according to experts.
- A Living Hell
Katrine (51), accused of murdering her husband in Spain, claims self-defense as she awaits trial after spending 19 months in high-security prison before being released on bail.
ANALYSIS: Carney promised spending cuts — but not all cuts are equal
The Carney government in Canada is set to unveil its 2026-2027 spending plan, highlighting a shift in budget priorities towards increased defense spending at the cost of other sectors like science and foreign aid.
Deputy Minister: The U.S. Presents Lithuania as an Example to Others with Record Defense Spending
Lithuania is highlighted by U.S. representatives as a benchmark for other countries due to its substantial defense budget, which amounts to 5.38% of GDP, the highest among NATO members.
Czech President Signs State Budget but Criticizes Its Non-Compliance with NATO Commitments
Czech President Petr Pavel signed the 2026 budget, highlighting its failure to meet NATO defense spending commitments.
'Killing bad men is expensive': Trump's request to Congress for $200 billion for the war in Iran
The Trump administration is seeking an additional $200 billion for military operations in Iran to replenish ammunition and supplies depleted in prior military assistance.
Lars Feld: An Important Plea for Solid State Finances
Lars Feld and finance secretary Wolf Reuter advocate for transparent state finances and the importance of adhering to the debt brake, particularly in defense spending.
We are prepared for crisis situations, says Havlíček about defense spending
Czech Minister Havlíček discusses readiness for crisis situations in relation to defense spending.
Arakas and Lõhmus: how to reconcile higher defense spending with proper public finances?
The article discusses the challenges faced by Estonia in balancing increased defense spending with public financial sustainability as the country's debt rises rapidly.
Pentagon seeks $200bn funding for Iran war
The U.S. Department of Defense has requested $200 billion in additional funding for the war with Iran, highlighting a significant military spending increase.
To chop spending, Ottawa will cut science, tourism, foreign aid programs
The Canadian government is set to implement significant budget cuts impacting various sectors including science, tourism, and foreign aid, while increasing defense spending.
The Pentagon will request $200 billion to finance the war against Iran: "Money is needed to kill the bad guys"
The U.S. Pentagon is set to request $200 billion from Congress to fund military operations against Iran, emphasizing the need to equip troops adequately.
Fury over 'moral catastrophe' cut to international aid to fund defence spending
UK Foreign Secretary Yvette Cooper announced significant cuts to international aid to allocate funds for a substantial increase in defense spending, leading to backlash from MPs.
US Ambassador Guilfoyle: We will engage our steadfast Greek allies who share our resolve to project peace through strength
US Ambassador to Greece, Kimberly Guilfoyle, emphasized the importance of engaging with Greek allies during the visit of US Permanent Representative to NATO, Ambassador Matthew Whitaker.
Double Standards of the Military Police in Drone Purchases: Overpriced for Ukraine, Beneficial for Us
The article discusses perceived double standards by the Czech Military Police regarding the pricing of drones, being deemed overpriced for Ukraine while advantageous for domestic purchases.
Major new details on slashing billions from international aid after outcry
UK Foreign Secretary Yvette Cooper reveals plans to significantly cut international aid funding, prioritizing conflict zones while facing criticism for potential humanitarian impacts.
K. Guilfoyle: 'Together we will cooperate with the Greeks, who share our determination to promote peace through strength'
U.S. Ambassador to Greece Kimberly Guilfoyle welcomes U.S. NATO Ambassador Matthew Whitaker during his visit, emphasizing collaboration with Greece to promote peace and strengthen defense commitments.
Pavel: NATO's transport expenditures will not be recognized as defense spending
Czech President Pavel states that most transport costs related to NATO will not be classified as defense expenditures.
Do Trump's policies justify higher defense spending in Brazil?
The article discusses whether Brazil should increase its military spending, highlighting the growing external threats and emerging actors in global security, alongside various justifications for and against such spending.
The Defense Department led by Pete Hegseth spent $140,000 on donuts
Pete Hegseth's Defense Department allegedly spent exorbitant amounts on non-essential items, including $140,000 on donuts.
Babiš on the Defensive: The Castle Threatens to Block the Budget over Defense Spending
Andrej Babiš faces pressure over defense spending as President Petr Pavel warns of potential budget vetoes if allocations do not return to previously planned growth.
Rail Baltica may be delayed by ten years as defense spending rises in Poland and the Baltic states
The Rail Baltica project, aiming to connect Poland and the Baltic states, faces a potential decade-long delay due to increased defense expenditures prioritizing current rail improvements amid security concerns over Russia.
"The result is none." Babiš discussed ambassadors and defense spending with Pavel
Former Prime Minister Andrej Babiš commented on the tense relations between the new cabinet led by President Petr Pavel and the government concerning defense spending and budget accountability.
Finland is discussing the creation of a defense fund with NATO allies
Finland, along with two NATO member countries, is in talks about establishing a financial institution to support defense spending and military industry projects.
Finland, Britain, and the Netherlands Consider New Defense Financing Mechanism
Finland and several other NATO countries are considering the establishment of a new defense spending financing mechanism to enhance investment and capability acquisition.
"The diploma is probably shedding crocodile tears": Veryga’s scathing criticism of Ruginienė
Veryga criticizes Prime Minister Ruginienė for accepting support from tobacco companies after increasing defense spending, suggesting a contradiction in priorities.
Americans are right about defense spending. NATO will never recognize Babiš's hospital, says economist Pavel
Economist Pavel critiques the Czech government's defense spending approach, highlighting discrepancies between reported figures and NATO standards.
How China is beating the US in new weapons race with a fraction of the budget
China is reportedly outperforming the US in military modernization despite significantly lower spending on research and development.
Pavel does not intend to delay signing the budget, Schillerová stated. They discussed defense spending
Czech President Pavel is moving forward with the budget signing amid discussions about defense expenditures, as indicated by finance minister Schillerová.
New defense plan to the Storting: - Reducing is extremely unwise
Norwegian politician Nils Ole Foshaug emphasizes the urgency of prioritizing defense spending to ensure national security, as the Storting prepares to consider a revised long-term defense plan that may exceed current budget allocations.
Billions from the SAFE program. Which Polish companies can profit the most from it
The article analyzes the potential financial gains for Polish defense and related companies from the SAFE program and discusses the broader implications for the defense industry.
CNN liberal panelist argues billions spent on defense should go to health insurance instead
Leigh McGowan suggested that the U.S. should prioritize health insurance spending over defense in light of government military actions.
Military pretensions
Brazil's Defense Minister José Múcio advocates for increased military spending citing global trends, despite Brazil's lack of direct involvement in current conflicts.
We don’t have money for higher defense spending, Schillerová defends the budget
Czech Finance Minister Schillerová declared that the country lacks the funds to increase defense spending in the upcoming budget.
It is unrealistic to allocate five percent to defense, the government tells allies
The Czech government's stance on defense spending suggests that the proposed five percent allocation is not feasible.
Jens Stoltenberg, former Secretary General of NATO: "Surely the alliance members will remain united to protect each other"
Jens Stoltenberg emphasizes the unity of NATO members in mutual defense, commending Spain's increased defense spending under Pedro Sánchez's government.
Vondráček: Czech Republic will fulfill its commitments concerning defense spending, and is in dialogue with the USA
Czech Republic is committed to meeting its defense spending obligations and is in dialogue with the USA.
FrP's National Party Meeting: Wants to Cut Taxes and Strengthen Defense
During the national party meeting, FrP leader Sylvi Listhaug criticizes the government for inadequate defense spending and proposes tax cuts to alleviate financial burdens on citizens and businesses.
Only Läänemets is likely to run for party leadership
Lauri Läänemets appears to be the only candidate for the leadership of the Social Democratic Party in Estonia's upcoming general assembly.
US Department of Defense's Food Spending Sparks Doubts and Controversy
A report from American Transparency reveals excessive food spending by the US Department of Defense, leading to political criticism.
HMS Dragon 'spent three days in Channel' after being ordered to Cyprus
HMS Dragon, a British warship, delayed its departure to Cyprus by spending three days in the English Channel before finally setting sail following an Iranian drone attack on a British base.
Collapse in the Shadow of Communication Chaos. Mapping How the Government Lies About the Country's Defense
The article discusses the ongoing confusion and misinformation related to the Czech Republic's defense spending amidst the larger context of European security during the ongoing war.
If the Chamber did not say that Russia is an aggressor, I would not claim it, said Zůna. He lied about a trip to Ukraine
Czech Defense Minister Zůna is accused of misrepresenting facts during a recent interview regarding defense spending commitments and comments on Russia's aggression.
Zuna: We will increase defense spending every year. We are honoring the commitment of the previous government
The Czech Defense Minister Zuna has announced a commitment to increase defense spending annually, in line with the previous government's obligations.
US Ambassador Criticizes Czech Defense Spending Cuts
The US ambassador to NATO criticized the Czech Republic's reduction in defense spending, highlighting concerns over commitment to NATO obligations.
What to do with SAFE, or Nawrocki does not want to be a 'right-wing sissy'
Karol Nawrocki vetoed legislation aimed at allowing Poland to secure an EU loan for defense industry development, raising larger questions about military expenditure and its implications.