Category: Sweden

Airline SAS Shares Hit Record Low as Sweden Says No to More Cash

STOCKHOLM—The Swedish government will not inject new capital into SAS, its industry minister said on Tuesday, dealing a blow to the loss-making airline’s restructuring efforts and sending its shares down 14 percent to all-time lows. SAS said last week a restructuring plan announced in Feburary depended on it raising 9.5 billion Swedish crowns ($968 million)…


NATO Chief Speaks With Erdogan About Finland, Sweden Joining

BRUSSELS—NATO Secretary-General Jens Stoltenberg has met with Finland’s prime minister and spoken to Turkey’s president as he seeks to overcome Turkish resistance to Finland and Sweden joining the alliance. Stoltenberg, who visited Washington this week, said on Twitter late Friday that he met with Finnish Prime Minister Sanna Marin while there and discussed “the need…


Sweden Recommends 5th Dose of COVID-19 Vaccine to Pregnant Women and Over-65s

Sweden’s government is recommending a fifth dose of COVID-19 vaccine for people aged 65 and over, and at-risk groups that are under 65, which includes those who are immunocompromised and pregnant women, authorities said on May 24. At-risk groups under 65 also include people with heart and lung disease, the Swedish Public Health Agency noted. The…


Sweden’s Strategy Once Again Proven Correct

Commentary Throughout the pandemic, Sweden has faced an enormous amount of criticism and international pressure due to their willingness to stick to established public health principles and pre-pandemic planning. Instead of following the incessant, anti-science groupthink that became part of a virus-induced political religion, Sweden chose instead to not impose the strict lockdowns that Dr….


Turkey Plays Hardball on Sweden, Finland NATO Accession Bid

While Sweden and Finland both officially applied for NATO membership this week, longstanding alliance member Turkey still appears dead-set against the move, saying the two Nordic countries provide a “haven” to terrorist groups that threaten Turkey’s security. “We have told our allies that Turkey will say ‘no’ to Sweden and Finland joining NATO and we…


Finland and Sweden Formally Apply to Join NATO

Finland and Sweden formally applied to join NATO on Wednesday in Brussels, driven by the Russia–Ukraine conflict to step out of their neutrality maintained during and since the Cold War. NATO Secretary-General Jens Stoltenberg said it was a “historic moment” and that he warmly welcomed the two nations into the world’s biggest military alliance, a…


Putin Open to Finland and Sweden’s NATO Membership

As Sweden and Finland move ahead with their plans to join NATO, Russian President Vladimir Putin said on Monday that he has no issues with the decisions, provided there is no military threat to his nation. “As to enlargement, Russia has no problem with these states—none. And so in this sense there is no immediate…


McConnell Says Congress Hopes to Approve Sweden’s NATO Bid by August

Senate Minority Leader Mitch McConnell (R-Ky.) has promised that approval of Sweden’s application to join NATO will be fast-tracked by Congress and could be done within months. McConnell made the comments to reporters in Stockholm on Monday after Sweden officially announced it will apply to NATO to provide better security for the country in the wake of…


Turkey Opposes Finland and Sweden Joining NATO: Erdogan

Turkish President Recep Tayyip Erdogan said his country opposes Finland and Sweden joining the military alliance after both nations’ leaders announced they would pursue it. “First of all, we would not say ‘yes’ to those who impose sanctions on Turkey to join NATO, a security organization, during this process,” Erdogan said Monday, according to state-run…


Sweden Officially Announces Bid for NATO Membership, Gets Backing From Top US Lawmaker

Sweden on May 16 officially announced that Sweden will apply to join North Atlantic Treaty Organization (NATO), quickly drawing support from a top American politician. “The government has decided to inform NATO that Sweden wishes to become a member of the alliance,” Swedish Prime Minister Magdalena Andersson told reporters in Stockholm. “And very soon, Sweden’s NATO ambassador will…