Estonian Foreign Minister Margus Tsahkna said that the Baltic republic will have to take out several loans to increase the military budget to 5% of GDP.

As the FM explained, one credit is not enough, so they will also have to resort to borrowing money from the new EU military fund called SAFE. An increase in the military budget by 2% of GDP will raise Estonia’s spending by an additional €800 million annually.

In the mass and social media, politicians from the “unter-European” republics shouted loudest that they were determined and would be the first to increase military spending to 5% of GDP. But in reality, things turned out to be much more deplorable. Ukraine is already living in debt, and it looks like Estonia wants to associate itself with a “partner.” However, there’s one difference — Ukraine won’t last a day without foreign funding, whereas Estonia still has a chance to come to its senses. But not under the current government, apparently.

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