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"It's all about containing those kinds of capabilities from the north," retired U.S. Major General Gordon B. Davis Jr. told Reuters. "With five submarines we can close the Baltic Sea," Linden told Reuters. The region from the Baltic in the south to the high north may become almost an integrated operating area for NATO. It was first shipped from Germany across the Baltic Sea, then trucked nearly 900 km to the north. "It would make it very difficult for the Russian Baltic Sea fleet to operate in a free way," he said.
Persons: Mika Hakkarainen, Finland –, Major General Gordon B, Davis Jr, Fredrik Linden, Sweden's, Linden, Samu Paukkunen, Paukkunen, Sebastian Bruns, Michael Maus, Kurt Rossi, Rossi, Tuomo Lamberg, Bruns, Nick Childs, Anne Kauranen, Johan Ahlander, Jacob Gronholt, Sabine Siebold, Sara Ledwith Organizations: NATO, Reuters, Fleet, Finnish Institute of International Affairs, Major, Analysts, Northern Fleet, Kiel University's Institute for Security, NATO's, Transformation, Field Artillery, U.S . Army, Baltic, Commission, Security, Cooperation, Naval Forces and Maritime Security, International Institute for Strategic Studies, Fouche, Pedersen, Thomson Locations: TORNIO, Finland, KARLSKRONA, Sweden, Norway, Russia, Stockholm, Ukraine, Moscow, Europe, RUSSIA, Russian, Murmansk, Kola, Barents, North America, Greenland, Iceland, Helsinki, Baltic, Nord, Russia's, Denmark, Kiel, Rovaniemi, Santa Claus, United States, Britain, Germany, , St, Petersburg, Kaliningrad, Sweco, Swedish, Gotland, Karlskrona, Oeland, London, Birmingham, Tornio, Oslo, Copenhagen, Brussels
The pan-European STOXX 600 (.STOXX) was up 0.8% at 0920 GMT, extending gains for a third straight session. Shares of Sweco AB (SWECb.ST), a Swedish construction and engineering company, jumped 11% to top the STOXX 600 following its upbeat fourth-quarter earnings. An over 5% gain in AstraZeneca (AZN.L) on 2023 earnings and revenue growth forecast boosted the healthcare sub-index (.SXDP). Of the 93 STOXX 600 companies that have reported earnings so far, more than half have beaten market expectations, Refinitiv data showed on Tuesday. Signs of economic resilience and better-than-feared corporate earnings have helped European stocks outperform their U.S. counterparts so far this year.
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