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MNI US Macro Weekly: Politics To The Fore
Turkey Rejects Trilateral NATO Talks With Sweden And Finland
Turkish President Recep Erdogan has torpedoed NATO plans to confirm Finland and Sweden as alliance members by the Madrid NATO summit next month.
- Erdogan told the Turkish parliament today: “We will certainly not change our stance on the NATO issue until Sweden and Finland take clear, concrete and decisive steps in the fight against terrorism.”
- Erdogan continued: “While terrorist organizations are roaming the streets of Sweden and Finland, will we open our doors to them or stand with them?”
- Bloomberg has reported that a trilateral meeting scheduled to take place today between delegations from Sweden, Finland, and Turkey was cancelled because "Turkey deemed the countries’ commitments to be insufficient."
- NATO Secretary General Jen Stoltenberg conceded that the process “will take some more time than we originally expected.”
- It should be noted that Greece delayed the NATO bid of North Macedonia by a decade until the Balkan state agreed to a name change.
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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.