NATO Allies Formally Back Bids by Sweden, Finland to Join Alliance
Published Date: 6/29/2022
Source: Bloomberg Quicktake: Now
NATO leaders formally invited Sweden and Finland to join the military alliance, paving the way for reshaping European defense by lengthening its border with Russia. “The accession of Finland and Sweden will make them safer, NATO stronger, and the Euro-Atlantic area more secure,” according to summit conclusions agreed by NATO leaders in Madrid after weeks of stalling by Turkey. “The security of Finland and Sweden is of direct importance to the alliance, including during the accession process.” NATO membership for the two previously neutral countries would mark a significant shift in the European security landscape after Russia’s invasion of Ukraine, and offer more protection to the exposed Baltic countries on the alliance’s eastern frontier. The path to membership includes the need for ratification from NATO members’ parliaments. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake