Posts tagged as military budget

NATO generals do not believe in good relations with Russia

By Viktors Domburs on Thursday, January 10, 2019

In December NATO allies agreed the civil and military budgets for 2019. At a meeting of the North Atlantic Council allies agreed a civil budget of €250.5 million and a military budget of €1.395 billion for 2019. NATO Secretary General Jens Stoltenberg welcomed the agreement of the budgets, saying: “The world is changing, and NATO is adapting. Allies are investing in NATO to address the challenges of our time, including…

The Baltic states depend on global climate forecasts

By Vairis Godmanis on Friday, November 2, 2018

The 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 manager Guntis Lūsis. According to him, the main factors that affect prices are associated with global raw material markets, regional and access to production sources, as well as wind energy fluctuation, temperature or hydro energy storage changes and price fluctuations for coal and gas. Consumers’…

Military intelligence chief: Russia obfuscating actual military spending

Saturday, May 5, 2018

While 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 actually grown, chief of the Military Intelligence Battalion of the Estonian Defence Forces, Col. Kaupo Rosin writes in the military’s recently published annual review. The Stockholm International Peace Research Institute (SIPRI) recently published a study according to which Russia’s defense spending shrank by roughly a…