Gitanas Nausėda Begins Second Five-Year Term as Lithuanian President

Tags:

Lithuanian President Gitanas Nausėda began his second five-year term following a swearing-in ceremony at the Seimas, the Lithuanian Parliament.

An Overview of the News

• During the ceremony, President Nauseda took the presidential oath with his hand placed on the Constitution.

• The 60-year-old economist proposed increasing Lithuania’s defense budget to four percent of GDP.

• This increase aims to fund initiatives such as long-range air defense systems, a missile shield along the Baltic Sea coast, and enhanced border fortifications.

About Lithuania

• It is one of the three Baltic countries located in the northeastern region of Europe, alongside Estonia and Latvia.

• It became a member of the European Union in 2004.

  • Prime Minister: Ingrida Simonyte

  • Capital: Vilnius

  • Currency: Lithuanian litas (LTL)