In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Sweden
Finland’s President Sauli Niinisto expected to greenlight Finland joining NATO
Finland’s President Sauli Niinisto is expected to give a go-ahead to Helsinki joining the NATO military alliance, marking a major shift in security policy. Finland, which shares a 810 mile (1,300 km) border with Russia, has gradually stepped up its… Read More ›
World Bank approves $723M loan and grants for Ukraine
On Monday, the World Bank said its executive board has approved a $723 million loan package and grants for Ukraine. The move is aimed at providing desperately cash to the Ukrainian government to support its budget even as it battles… Read More ›
EU suspends Russia, Belarus from Council of Baltic Sea States
In a statement the European Union said, it has joined members of the Council of the Baltic Sea States (CBSS) in suspending Russia and Belarus from the Council’s activities. “This decision is a part of the European Union’s and like-minded… Read More ›
Sweden deepens defense cooperation between Norway Denmark midst tensions with Russia
According to a news bulletin from Sweden’s TV4, Stockholm is set to sign a defence cooperation agreement with Denmark and Norway in an effort to counter a deteriorating security situation in the Baltic region. Although Sweden is not a NATO… Read More ›
Sweden’s Embracer acquires 3 companies midst surging profits
On Wednesday, Europe’s largest gaming firm by market value said, it had agreed to acquire 3 companies after posting record revenues in the first quarter. Earlier this month, Sweden’s Embracer, which has a strategy of boosting growth through deals, said… Read More ›
Visa eyeing acquisition of European open banking platform Tink
In a statement Visa Inc said, it had agreed to a $2.2 billion (1.8 billion euro) takeover of European open banking platform Tink. Founded in 2012, Sweden-based Tink is an open banking platform that enables banks and other financial institutions to… Read More ›
Greece formally opens tourism industry to vaccinated or COVID-19 negative tourists
Greece has formally opened its tourism sector, kicking off a summer season through which it hopes to resurrect its tourism which has been battered by the coronavirus-induced COVID-19 pandemic. Following months of lockdowns, Greece has also opened its museums including… Read More ›
Boeing gets approval to sell F-15EX fighter jet to India
According to a senior executive from Boeing, the company has received a license from the U.S. government to offer its F-15EX fighter jet to the Indian air force. Boeing’s F-15EX fighter jet will compete with France’s Rafale, Sweden’s Gripen among… Read More ›
China’s Geely Automobile issues termination of dealership agreement with Sweden’s Bilia
In a statement, Swedish car dealership chain Bilia said, it has received a notice of termination for its dealer agreements with Volvo Cars in Norway and Sweden. The termination, which has a notice period of two years, covers both Bilia’s… Read More ›