The result of financial diplomacy – almost EUR 1 billion for defence

Lithuania has already raised almost EUR 1 billion from international financial institutions for defence needs. It is expected that the contribution of these institutions to the financing of defence projects will reach more than EUR 1.5 billion in 2025.

"The first billion euros of credit resources for defence is just the beginning. We will continue our work and strive to raise an even more solid amount for defence needs", Minister of Finance Rimantas Šadžius states.  
In May 2025, the Nordic Investment Bank (NIB) granted a EUR 400 million credit to finance national defence investments for the period 2025-2027, and on 19 June, the European Investment Bank (EIB) approved a EUR 540 million credit.

The NIB allocated EUR 400 million for 20 years to budget expenditure related to dual-use (civilian and military) infrastructure development, which increases Lithuania's defence capabilities. 

The investments include the strengthening of IT and cybersecurity, the acquisition of transport and engineering equipment, vessels and the modernisation of aircraft and helicopters. In addition, the funding will support the development of accommodation, administration and training facilities for the National Infantry Division and the German Brigade.

An EIB loan of EUR 540 million to the Rūdninkai military base will help to allocate project costs, ease the burden on Lithuanian public finances and companies participating in the initiative under the public-private partnership (PPP).

The EIB also provides advisory services to ensure that PPP agreements comply with market standards and best practices. 

The Ministry of Finance applied to the EIB for another credit line to finance the State budget expenditure related to the development of dual-use (civilian and military) infrastructure. This unique EIB financial assistance will significantly contribute to financing other defence projects, such as the Kairiai Military Campus.  

Further cooperation with the NIB on defence investments is also planned.
 

Last updated: 27-06-2025

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