www.universalcurrentaffairs.com

Stoltenberg’s NATO term extended by a year.

NATO leaders have agreed to extend by one year Jens Stoltenberg’s term as secretary-general of the alliance to avoid a lengthy leadership debate at a time when Russia’s war on Ukraine poses the biggest security threat in decades.

His term was set to expire on 1 October, with a successor expected to be introduced at a NATO leaders’ summit in Madrid in June.

The Norwegian, meanwhile, was slated to take over a post as his country’s central bank governor by the end of 2022.

Stoltenberg, an economist by training and former leader of the country’s Labour Party, was Norwegian prime minister from 2000-01 and 2005-13 before becoming NATO chief the following year. He has also been finance minister and energy minister.

Source: www.euractiv.com

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