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Free AccessFT: NATO To Discuss Extending Stoltenberg Term
FT reportingthat NATO members may discuss the extension of Secretary-General Jens Stoltenberg's term at tomorrow's extraordinary leaders' summit. FT story states that "Multiple officials from the US-led alliance told the Financial Times they saw growing support for extending Stoltenberg’s term, which he is due to complete at the end of September."
- Stoltenberg is set to take over as governor of the Norges Bank from December 2022.
- The secretary-general, when asked about his term, stated “My focus is on preparing the summit tomorrow in the midst of the most serious security situation we have been in for decades...I leave it to the allies to decide other things.”
- A number of ministers from NATO states have raised the point of how difficult/disruptive it could be to engage in the process of deciding on a new head of the alliance at a time of such high geopolitical tensions.
- Stoltenberg's successor is/was due to be announced at a NATO leaders' summit in Madrid in June.
To read the full story
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Why 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.