(Bloomberg) Chancellor Olaf Scholz pledged to defend Germany’s three Baltic NATO allies in case of a Russian attack, and to complete the establishment of a permanent brigade in Lithuania by the end of 2027.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackJudge Threatens Trump With Jail Over Gag Order ViolationsAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeTreasury Rally Risks Running Into a $125 Billion Brick WallBuffett Praises Apple Af
German Chancellor Olaf Scholz assured NATO partners in the Baltic Sea region of Germany's reliable military defence support during a visit to the region on Monday. In Riga, Scholz also responded to Russian plans to hold tactical nuclear exercises, which has been seen in the West as an attempt at intimidation by the Kremlin. "It is always important to say loudly that nuclear weapons must not be used in this war," Scholz said while in Riga on Monday, during his first visit to Latvia as German chan
Estonia has accused neighbouring Russia of jamming GPS navigation devices in airspace above the Baltic states, echoing concerns from airlines that say they have been contending with such interference for months. Estonian Foreign Minister Margus Tsahkna's accusation, for which he provided no proof, followed Finnair's decision to pause flights to Tartu in eastern Estonia for one month due to GPS disturbances. There have been reports of a rise in GPS interference around the world, particularly since last year, raising fears of an increased risk of accidents if planes veer off-course.
Russian dictator Vladimir Putin will "definitely invade" the Baltic states, Poland, and part of Germany should Ukraine not manage to withstand Russian aggression, Ukrainian President Volodymyr Zelenskyy told NBC on April 21.
A budget package signed by President Joe Biden on Saturday to fund US government operations for the current financial year includes a $228 million in security aid for the Baltic States, the Estonian Foreign Ministry said. According to Tallin, the US allocated $228 million to Estonia, Latvia and Lithuania through the Baltic Security Initiative (BSI), designed to support the countries' developing of air defence, maritime situational awareness and land forces. "Support from the US has significantly