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Sweden is in the final stretch to NATO membership. But Turkey could yet derail it - TL;DR CNBC

Sweden is in the final stretch to NATO membership. But Turkey could yet derail it

Publishing timestamp: 2023-07-10 12:36:37


Summary

The article discusses Turkey's objection to Sweden's application to join NATO, with Turkey using its position in the alliance to extract concessions from other countries. The outcome of Turkey's objection will have significant consequences for Turkey, Sweden, and the NATO alliance. Turkey's objection stems from Sweden's support for Kurdish groups that Turkey deems to be terrorists. The article also mentions the potential economic risks for Turkey and the deadline for a decision on Sweden's NATO membership.


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Keywords: foreign policyswedendxy us dollar currency indexus dollar/turkish lira fx spot ratebreaking news: politicsvladimir putinbusiness newsgovernment and politicsemerging marketspoliticsjoe bidenturkey

Source: https://www.cnbc.com/2023/07/10/sweden-is-in-final-stretch-for-nato-membership-will-turkey-derail-it.html


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