Berliner Boersenzeitung - NATO names Dutch PM Rutte as new boss

EUR -
AED 4.061239
AFN 70.774285
ALL 90.674324
AMD 400.588378
ANG 1.979985
AOA 1014.065922
ARS 1708.818725
AUD 1.627461
AWG 1.992192
AZN 1.879823
BAM 1.955229
BBD 2.233478
BDT 137.929696
BGN 1.9559
BHD 0.418387
BIF 3352.91121
BMD 1.105852
BND 1.425122
BOB 12.980207
BRL 6.24054
BSD 1.108886
BTN 104.234956
BWP 15.384644
BYN 3.340924
BYR 21674.696468
BZD 2.230279
CAD 1.577039
CDF 2560.046784
CHF 0.924354
CLF 0.027949
CLP 1099.98486
CNY 7.37675
CNH 7.377757
COP 3668.807308
CRC 500.66502
CUC 1.105852
CUP 26.614223
CVE 110.234284
CZK 24.380825
DJF 197.474975
DKK 7.475371
DOP 67.280948
DZD 151.457624
EGP 59.092272
ERN 16.587778
ETB 181.067828
FJD 2.515094
FKP 0.835271
GBP 0.836107
GEL 2.864315
GGP 0.835271
GHS 12.985206
GIP 0.835271
GMD 81.832691
GNF 9825.217834
GTQ 8.473639
GYD 232.002207
HKD 8.675264
HNL 29.819556
HRK 7.534784
HTG 145.301483
HUF 365.491779
IDR 20145.248052
ILS 3.540329
IMP 0.835271
INR 104.187335
IQD 1681.139161
IRR 2116047.535497
ISK 136.616819
JEP 0.835271
JMD 175.668668
JOD 0.784015
JPY 176.996042
KES 143.716444
KGS 96.705527
KHR 4569.78864
KMF 493.210208
KPW 995.266721
KRW 1476.417309
KWD 0.34434
KYD 0.924147
KZT 492.534985
LAK 24954.70802
LBP 99304.282436
LKR 368.772242
LRD 188.517471
LSL 18.550659
LTL 3.265293
LVL 0.668919
LYD 7.151007
MAD 10.922908
MDL 20.227089
MGA 5061.52098
MKD 61.54566
MMK 2322.178184
MNT 3985.580384
MOP 8.959244
MRU 44.869968
MUR 52.660715
MVR 17.041092
MWK 1920.864311
MXN 20.579351
MYR 4.518954
MZN 70.674713
NAD 18.53394
NGN 1486.587678
NIO 40.808444
NOK 10.583743
NPR 166.774775
NZD 1.995747
OMR 0.425205
PAB 1.108976
PEN 3.780995
PGK 5.058613
PHP 70.551412
PKR 306.648568
PLN 4.405067
PYG 6874.084575
QAR 4.042474
RON 5.346681
RSD 117.602261
RUB 91.561274
RWF 1638.121327
SAR 4.174609
SBD 8.954413
SCR 15.490166
SDG 665.172606
SEK 11.089316
SGD 1.423286
SHP 0.828633
SLE 25.323544
SLL 23189.184907
SOS 633.101178
SRD 41.473866
STD 22888.900808
STN 24.493286
SVC 9.70334
SYP 14378.286141
SZL 18.534317
THB 37.444695
TJS 10.229949
TMT 3.88154
TND 3.33797
TOP 2.662625
TRY 55.680198
TTD 7.532935
TWD 36.35543
TZS 2940.298651
UAH 50.390575
UGX 4563.666457
USD 1.105852
UYU 44.947069
UZS 13274.121188
VES 995.809091
VND 28391.087743
VUV 133.070168
WST 3.0907
XAF 655.957
XAG 0.022146
XAU 0.000283734004
XCD 2.98862
XCG 1.998552
XDR 0.781895
XOF 655.957
XPF 119.331742
YER 261.535134
ZAR 18.548679
ZMK 9953.992832
ZMW 22.649689
ZWL 356.083848
SSP 6575.959858
MXV 2.311087
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

NATO names Dutch PM Rutte as new boss
NATO names Dutch PM Rutte as new boss / Photo: MIGUEL MEDINA - AFP

NATO names Dutch PM Rutte as new boss

NATO's 32 nations on Wednesday appointed outgoing Dutch Prime Minister Mark Rutte as the alliance's next head, handing him the job at a crucial moment with Russia on the march in Ukraine and US elections looming.

Text size:

Rutte will take over from Secretary General Jens Stoltenberg on October 1 after major powers -- spearheaded by the United States -- wrapped up his nomination ahead of a summit of NATO leaders in Washington next month.

"I warmly welcome NATO Allies' choice of Mark Rutte as my successor. Mark is a true transatlanticist, a strong leader and a consensus-builder," Stoltenberg said on social media after NATO ambassadors approved the appointment.

"I know I am leaving NATO in good hands," he added.

The seasoned Dutch leader, whose 14-year tenure in charge of the Netherlands is set to end within weeks, is seen as a safe pair of hands capable of stewarding the 75-year-old alliance through perilous times.

While the 57-year-old faces the spectre of a possible return by former US president Donald Trump to the White House, Rutte will also have to grapple with the threat posed by Russian leader Vladimir Putin.

After staking a claim for the NATO post following the collapse of his coalition last year, Rutte had to use all his diplomatic skills to win over reluctant allies Turkey and Hungary.

He finally clinched the race for the top job last week when sole challenger Romanian President Klaus Iohannis dropped out.

- Back Ukraine, tame Trump? -

A staunch supporter of Ukraine, the straight-talking Dutchman has spearheaded a push to give Kyiv F-16 fighter jets to help fight off Russia's invasion.

As NATO chief he will play a key role in marshalling weary allies to keep backing the war-torn country -- while treading a fine line over Kyiv's push to join.

The Kremlin's 2022 assault on Ukraine has reinvigorated an alliance that often struggled for purpose after the end of the Cold War, and pushed European nations to up their defence spending.

Rutte will now have to ensure NATO is fighting fit to deal with the threat Moscow will pose for years to come, and also keep a keen eye on the growing might of China.

Most testing, however, could be the challenge of keeping the alliance together if Trump reclaims the presidency.

Trump reportedly mulled pulling the military superpower out of NATO during his first term -- only to be talked down by leaders including Rutte.

On the campaign trail this time around, the volatile former reality TV star has rattled allies by saying he'd encourage Moscow to attack countries not spending enough on defence.

It is not just the United States that is facing political uncertainty -- with crunch polls also coming up in other key countries like France.

"From his many years in Dutch politics and on the international stage, Rutte is an adroit balancer of political relationships," said Philippe Dickinson from the Atlantic Council think tank.

"This political savvy will be put to the test to an unprecedented extent in the years ahead."

Rutte will look to learn from his predecessor Stoltenberg, who has headed NATO through its most consequential decade since the Cold War ended.

The unflappable former Norwegian prime minister won plaudits for maintaining unity and strengthening NATO through a tumultuous period.

Rutte will be the fourth Dutchman to head the alliance since it was founded in the ashes of World War II to face off against the Soviet Union.

(K.Müller--BBZ)