It's unclear whether the Swedish court action would have any impact on Erdogan's thinking. It was the first time that a Swedish court sentenced someone for terrorist financing of the party, Judge Mans Wigen said.Īlso known as PKK, the Kurdistan Workers’ Party has waged an insurgency in southeast Turkey since 1984 and is considered a terrorist organization by Turkey, the United States and the European Union. The Stockholm District Court sentenced Yahya Güngör to a total of 4½ years in prison for the crimes, after which he would be expelled from Sweden and banned from returning. In a new development just before the meeting, a Turkish man was found guilty in Sweden of attempted aggravated extortion, weapons possession and attempted terrorist financing, saying he was acting on behalf of the outlawed Kurdistan Workers’ Party.
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He also lamented a series of demonstrations that have taken place in Sweden. “However, the legislative changes now need to be reflected in practice,” he said. Turkish Foreign Minister Hakan Fidan acknowledged the changes in Sweden’s anti-terrorism laws and the lifting of arms restrictions. NATO requires the unanimous approval of all 31 members to expand.
Sweden has changed its constitution, modified anti-terror laws and lifted an arms embargo on Turkey, among other concessions.īut Turkey accuses Sweden of being too lenient toward groups that Ankara says pose a security threat, including militant Kurdish groups and people associated with a 2016 coup attempt.
The other 29 allies, Stoltenberg and Sweden have all said the country has done enough to satisfy Turkey’s demands. Only Turkey and Hungary have delayed Sweden’s membership. That’s despite the jobless rate rising to 4%, when economists had anticipated an unchanged reading of 3.8%.Fearing for their security, Sweden and neighboring Finland ended their longstanding policy of military nonalignment after Russia invaded Ukraine in February 2022 and applied to join NATO. By making borrowing more expensive, the bank is trying to keep a lid on spending, which should get inflation down.īut with unemployment low, workers have been able to demand higher pay as inflation erodes their spending power, threatening to further fuel price spikes. The bank lifted its main interest rate by half a percentage point to a 15-year high of 5% last month and warned of further increases if inflation fails to show signs of falling back toward its target of 2%. The central bank has been raising rates since late 2021 to get a grip on rising prices, which were first stoked by supply chain problems caused by the coronavirus pandemic and then Russia’s invasion of Ukraine, which sent energy and food prices surging.
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The private sector was the main driver behind the increase.įor months, workers have been seeking pay that keeps pace with high inflation, which is running at 8.7% despite declines in energy prices and a series of interest rate hikes from the Bank of England. The Office for National Statistics said wages, excluding bonuses, rose by 7.3% in the three months to May, matching the highest rate since records began in 2001.
are rising at a record high rate amid stubbornly high inflation, official figures showed Tuesday, bolstering expectations that interest rates will increase again - to the worry of homeowners who are seeing their mortgage payments spike to levels not seen since the global financial crisis 15 years ago.
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