MNI BRIEF: Canada Feb Teranet Home Price Index Record -11% YOY

MNI China Daily Summary: Friday, March 17

MNI BRIEF: PBOC Cuts RRR By 25bp To Boost Economy, Liquidity

Fed Watch

MNI: US FEB INDUSTRIAL PROD +0.0%; CAP UTIL 78.0%

EZ/UK Bond Supply Calendar: Slovakia, EU & Belgium issuing Mon

MNI BRIEF: Fed, Treasury, FDIC-Big Banks Back First Republic

MNI BRIEF: Trudeau Justified Using Emergency Act, Judge Finds

MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
WHITE HOUSE

Biden Calls On Congress To Toughen Penalties On Failed Bank Execs

NOK

NOK Edges to the Better Into the WMR Fix

NATURAL GAS

EU Leaders To Urge Firms To Make Use Of Joint Gas Buying

MNI EXCLUSIVE

MNI Talks To ECB Former Director General for Market Operations

STIR

BLOCK, Dec'23 SOFR Straddles

NATURAL GAS

Lower Gas Prices Incentivise Coal-to-Gas Switching

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Finnish FM To Talk w/Hungarian FM @ FAC On 20 Mar As Pres. Meets Erdogan

NATO
EM BulletHomepagemarkets-real-timePolitical RiskEmerging Markets NewsPolitical Risk BulletBulletMarketsFixed Income NewsForeign Exchange NewsPolitical Market News

Speaking in Ankara, Turkey, Finnish Foreign Minister Pekka Haavisto confirms that there are plans to hold talks with Hungarian FM Peter Szijjarto at the Foreign Affairs Council meeting on Monday 20 March. Alongside Turkey, Hungary is the other NATO member state that has yet to ratify Finland (and Sweden's) accession to the military alliance. Later today, Finnish President Sauli Niinisto will hold talks with Turkish President Recep Tayyip Erdogan, with speculation that Helsinki could jettison its long-standing plan to join NATO alongside Sweden, and instead join in a solo bid.

  • Turkey remains opposed to Swedish accession until Stockholm extradites a number of Kurdish dissidents that Ankara has said are terrorists. There are no such qualms for Turkey regarding the Finnish bid.
  • Hungary has held up the accession of both Nordic states for different reasons, instead seeking to gain concessions from the European Commission regarding structural funding.
  • Earlier this week, the governing Fidesz Party of PM Viktor Orbanstated that a parliamentary vote on ratification would be delayed until the week of 27 March at the earliest. Haavisto likely to impress on Szijjarto the urgency of Finland's bid, especially if Turkey signs off on its accession later today.
197 words

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Speaking in Ankara, Turkey, Finnish Foreign Minister Pekka Haavisto confirms that there are plans to hold talks with Hungarian FM Peter Szijjarto at the Foreign Affairs Council meeting on Monday 20 March. Alongside Turkey, Hungary is the other NATO member state that has yet to ratify Finland (and Sweden's) accession to the military alliance. Later today, Finnish President Sauli Niinisto will hold talks with Turkish President Recep Tayyip Erdogan, with speculation that Helsinki could jettison its long-standing plan to join NATO alongside Sweden, and instead join in a solo bid.

  • Turkey remains opposed to Swedish accession until Stockholm extradites a number of Kurdish dissidents that Ankara has said are terrorists. There are no such qualms for Turkey regarding the Finnish bid.
  • Hungary has held up the accession of both Nordic states for different reasons, instead seeking to gain concessions from the European Commission regarding structural funding.
  • Earlier this week, the governing Fidesz Party of PM Viktor Orbanstated that a parliamentary vote on ratification would be delayed until the week of 27 March at the earliest. Haavisto likely to impress on Szijjarto the urgency of Finland's bid, especially if Turkey signs off on its accession later today.