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NATO

Hungary votes through Sweden’s Nato application

Hungary's parliament on Monday afternoon voted through Sweden's Nato application, clearing the final hurdle before the Nordic country can join the military alliance.

Hungary votes through Sweden's Nato application
Hungarian Prime Minister Viktor Orban addresses parliament on Monday. Photo: AP Photo/Denes Erdos

With 188 votes in favour and six against, Hungary became the final country to approve Sweden’s Nato application.

“A historic day,” Swedish Prime Minister Ulf Kristersson wrote on X. “The parliaments of all Nato countries have now voted in favour of Sweden’s Nato membership. We stand ready to shoulder our part of the responsibility for Nato’s security.”

The vote came after almost two years of delays that upset Western efforts to show resolve in the face of Russia’s war on Ukraine.

Russia’s February 2022 invasion prompted Sweden to apply to join the bloc in May 2022, alongside neighbouring Finland, ending a long-standing stance of non-alignment.

Finland became the 31st member of the US-led defence alliance in April 2023.

Hungarian prime minister Viktor Orbán’s nationalist Fidesz party – whose ruling coalition with the Christian Democratic KDNP holds a two-thirds majority in parliament – had already indicated it would support Sweden’s bid.

All opposition parties except the far-right Our Homeland movement were in favour of ratification.

After Russia’s invasion of Ukraine, most Nato members were keen to quickly approve the membership bids of both Finland and Sweden.

Hungary and the other holdout Turkey held up the process, especially for Sweden, but Turkey eventually approved Sweden’s bid last month.

But while Hungary repeatedly said it supported Swedish membership in principle, it kept prolonging the process by asking Sweden to stop “vilifying” the Hungarian government. Budapest also accused Swedish officials of being “keen to bash Hungary” on rule-of-law issues.

After a meeting on Friday between Orbán and his Swedish counterpart Ulf Kristersson in Budapest, the nationalist leader announced progress.

“We have managed to clarify our mutual good intentions,” Orbán told journalists after signing a deal to acquire four Swedish-made fighter jets, expanding its existing fleet of 14 Jas-39 Gripen fighters.

Now that the parliament has approved Sweden’s membership, the final decision needs to be made by Hungary’s interim president, currently László Kövér, who has five days to sign the approval and then send it to the US state department in Washington.

“It’s going to happen quickly,” Zsolt Németh, an MP för the ruling Fidesz party told TT.

Sweden will then be invited to accede to the Washington Treaty and officially become a Nato member.

In the case of Finland, for example, Turkey gave the green light on March 30th, 2023, and Finland became a Nato member on April 4th.

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WORKING IN SWEDEN

Is there light on the horizon for the Sweden labour market?

The Swedish labour market didn’t exactly jolt back to life as summer came to an end in August, but there are signs that it could be picking up pace after a slow few years.

Is there light on the horizon for the Sweden labour market?

Seasonally adjusted and smoothed, Sweden’s unemployment rate stood at 8.4 percent in August, the same as the previous month but higher than the same month last year.

But there’s a glimmer of hope.

“The development of the labour market appeared subdued in August. However, some positive signals can be observed. The seasonally adjusted and smoothed employment number is increasing, similar to the previous month,” said Philip Krantz, statistician for official number-crunchers Statistics Sweden’s labour force surveys, in a statement.

A total of 5,257,000 people aged 15-74 were employed in August, amounting to an employment rate of 69.2 percent, again seasonally adjusted and smoothed.

That’s an increase both in terms of the exact number and the proportion of employed people compared to recent months, noted Statistics Sweden in the report.

FACING A LAYOFF IN SWEDEN?

Youth unemployment remains high, with an unemployment rate of 23.8 percent among people aged 15-24 – or in other words, 164,000 jobless people in that age group.

So is there light on the horizon?

Yes, but so far just a flicker. The government warned last month that Sweden is seeing its highest unemployment rate in a decade, excluding the years of the pandemic, with Liberal leader Johan Pehrson calling on people to “make themselves employable”.

In the past year, several major tech companies have announced significant layoffs, with green transition star Northvolt the latest player to warn of a reduction to its workforce.

The market is still moving slowly, but on the brighter side, the current recession is expected to bottom out this year, which should have a positive impact on jobs.

Labour analysts have said they believe 2025 will bring about a turnaround in the labour market, but it is still likely going to take some time before Sweden is back to the same unemployment level as it was before the recession and cost-of-living crisis.

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