Russia and Timo Soini

Russian force: We do not accept the annexation of Crimea," he told a press conference after the inauguration ceremony of the new government, according to The Moscow Times. Finland, a militarily neutral EU state, has long walked a fine line with Russia, its former ruler and important trade partner, with which it shares an 1,340 km border. Recent Russian air force and naval activity in the Nordic area, combined with a pro-Russian insurgency in eastern Ukraine, have encouraged the new government to assess the pros and cons joining NATO. However, Timo Soini, the new foreign minister and leader of the euro-sceptic The Finns Party, underlined continuity in foreign and security policy. "Russia is an important neighbor and trade partner, but if there is reason to criticize, we will do that. Last month, the Nordic countries issued a surprise joint statement on cooperating on defense and directly cited the Russian "challenge" as grounds as their reason. It also plans to boost the defense spending amid wide cuts in most other sectors. Moscow responded by saying it was a "special concern" that Finland and Sweden might move towards closer ties with NATO. Finland new center-right coalition said in its government program that "Finland is a militarily non-allied state which is engaged in a practical partnership with NATO and maintains the option to seek NATO membership." The government plans to prepare a report on security and defense policy that would assess the effects of a possible NATO membership. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.