Estonia Boosts Defense Budget

Discussion in 'Europe' started by Pathfinder, Dec 19, 2016.

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  1. Pathfinder

    Pathfinder Lieutenant Colonel

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    Estonia passes 2017 record level budget spending to bolster defense


    Estonia's parliament voted on Monday to approve a 7.6 percent increase in state budget expenditure for next year, in part to bolster its military amid growing tension in the Baltic region.

    Lawmakers set 2017's defense spending at a record 2.2 percent of GDP or 477 million euros ($498 million), up from 2.07 percent forecasted for 2016. It includes extra spending for hosting NATO troops on rotation in Estonia since tensions rose over Russia's actions in Ukraine in 2014.

    After Russia's annexation of Crimea, the Baltic Sea states have seen Russia increase the size, scope and frequency of its military exercises and operations in the region, prompting increased military spending by most of the Nordic and Baltic states.

    More:
    http://www.reuters.com/article/us-estonia-budget-idUSKBN14824W?il=0
     
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