The Los Angeles Post
U.S. World Business Lifestyle
Today: March 30, 2025
Today: March 30, 2025

Kosovo to boost defence spending by 60%, plans drone, ammunition production, PM says

A Greek soldier member of the NATO-led Kosovo Force (KFOR) stands guard at NATO's headquarters in Pristina
March 26, 2025
Reuters - Reuters

PRISTINA (Reuters) - Kosovo plans to boost its defence spending by 60% over the next four years and to focus on acquiring Black Hawk helicopters and building plants to produce ammunition and drones, Prime Minister Albin Kurti said on Wednesday.

Kurti has repeatedly argued for increased defence spending to counter any potential threat from neighbouring Serbia, which still considers Kosovo part of its territory.    

"In the next mandate, we will allocate one billion euros ($1.08 billion) for our army," Kurti told a cabinet meeting, up from 626 million euros over the previous four years.

Kurti's party came first in a parliamentary election in February with 41% of the vote but he is still seeking coalition partners.

Since coming to power in 2021, Kurti has steadily increased the defence budget. Kosovo bought a batch of Turkish-made Bayraktar drones in 2023 and last year it purchased Javelin anti-tank missiles worth $75 million.

NATO still has a force of more than 4,000 peacekeepers deployed mainly in northern Kosovo, which has seen the worst ethnic tensions over the past two years since the country declared independence from Serbia in 2008.

Last week Kosovo and NATO members Albania and Croatia signed an agreement to enhance cooperation in the defence sector, annoying Belgrade. Serbian President Aleksandar Vucic accused Albania and Croatia of pursuing an "arms race".     

(1 = 0.9281 euros)

(Reporting by Fatos Bytyci; additional reporting by Daria Sito-Sucic in Sarajevo and Aleksandar Vasovic in Belgrade; Editing by Gareth Jones)

Share This

Popular

Business|Economy|Political|US

Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs

Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs
Economy|Food|Political|US

Federal funding cuts ripple through the heart of Trump country

Federal funding cuts ripple through the heart of Trump country
Americas|Business|Economy|Political|US

US to revoke authorizations to foreign partners of Venezuela's PDVSA, sources say

US to revoke authorizations to foreign partners of Venezuela's PDVSA, sources say
Business|Economy|Europe|Finance

ING met Italy's Popolare di Sondrio amid European expansion plan, source says

ING met Italy's Popolare di Sondrio amid European expansion plan, source says

Europe

Europe|Political|World

Zelenskiy says Ukraine expects strong Western response to Russian drone attacks

Zelenskiy says Ukraine expects strong Western response to Russian drone attacks
Europe|Political|World

Ukraine launches attacks in new Russian region as it faces setbacks on home soil

Ukraine launches attacks in new Russian region as it faces setbacks on home soil
Celebrity|Entertainment|Europe|Travel

Venice says it will host Bezos wedding and denies reports of possible disruptions for the city

Venice says it will host Bezos wedding and denies reports of possible disruptions for the city
Europe|Political

Protesting students in Serbia rally outside pro-government media outlet and stage 'decontamination'

Protesting students in Serbia rally outside pro-government media outlet and stage 'decontamination'

Access this article for free.

Already have an account? Sign In