In the first month of 2023, energy prices dipped by 27.4 percent, meaning inflation according to the CPI – total inflation including energy prices and interest rate changes – fell by 1.1 percent to 11.7 percent. Despite falling energy prices putting the brakes on inflation as a whole last month,Continue Reading
A small military town in Sweden’s frozen north is on course to produce Europe’s first commercial green steel. Giant diggers and excavators are powering through layers of mud, ice and snow at the site of a new steel plant just outside Boden, 900 km (559 miles) north of Stockholm. AtContinue Reading
The prime minister of Sweden has warned against delinking his country’s Nato membership bid from Finland’s, after the alliance acknowledged for the first time that the two might have to join separately owing to Turkey’s obstruction. Ulf Kristersson said in an interview that for strategic reasons, the two membership applicationsContinue Reading
In order to secure long-term aid from Western countries, Ukraine needs to find success on the battlefield, while no new offensive to push out Russian troops seems to be happening in the coming months, security expert Indrek Kannik said. “To make sure the West remains united behind Ukraine, the latterContinue Reading
There are currently as many as 20,000 people who have applied for Finnish citizenship waiting for their applications to be processed, according to Anna Lindström, head of the Immigration Service’s (Migri) permits and citizenship unit. During a normal year, the agency receives around 10,000 applications for citizenship. However, in 2021,Continue Reading
Denmark’s Leopard 2 tanks are training alongside the Estonian Defense Forces (EDF) this week in Lääne County. President Alar Karis visited the exercise on Wednesday. While military training exercises are often held in Estonia among NATO allies and the EDF, this event is unusual as the targets are located atContinue Reading
The area earmarked for wind farms in the maritime spatial plan will be divided into three to four parts and put up for auction in September. The winners of the auctions will play a key role in Estonia’s energy future. A total of 44 construction permit applications have been submittedContinue Reading
The Ukrainians who first sought protection in resource-strained Estonia but decided to take up an invitation to live in Finland began arriving in Helsinki on Tuesday, according to the Finnish Immigration Service (Migri). Given the relatively small size of Estonia, the country has received a “considerable number” of Ukrainians fleeingContinue Reading
Denmark and the US are negotiating a defense agreement in the backdrop of the Ukraine conflict, confirmed Denmark’s Foreign Minister Lars Lokke Rasmussen on Monday night. After meeting with his American counterpart Anthony Blinken, the Danish foreign minister told local media that the US-Denmark Defense Cooperation Agreement was discussed betweenContinue Reading
NATO’s secretary-general has said it is more important that Finland and Sweden join the military alliance quickly rather than at the same time amid tensions between the pair and Turkey, which has refused to ratify the Nordic nations’ membership bids. Speaking before a meeting of NATO defence ministers at theContinue Reading