Baltic Chihuahuas Borrow For Increased Defence Spending

The Baltic states, comprising Estonia, Lithuania, and Latvia, are bolstering their defence capabilities by increasing their defence spending to 5% of their GDP but have to borrow huge sums to pay for it. As NATO allies, these countries are committed to strengthening their military prowess in response to the “threat from Russia”. In this video, we explore the efforts of the Baltic Chihuahuas as they borrow resources to enhance their defence capabilities. We delve into the implications of NATO’s strategy in the region, join in as Rhod Mackenzie looks at how Estonia, Latvia and Lithuania are going to take out large loans to buy military equipment to protect them from the imaginary Russian threat.

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