WorldEU approves $115 million to turn Baltic port near Russia into NATO naval hub

The European Investment Bank approved a 100 million euro loan to renovate Klaipeda’s civilian cruise terminal so NATO ships can dock there. The project, costing 201 million euros, is intended to strengthen logistics for defending NATO’s Eastern Flank, with the rest funded by EU and national contributions.

Klaipeda portNATOEuropean Investment Bankmilitary mobility

TThe Kyiv Independent★★★★☆2026-09-15 12:42Original