Norway to allocate over €100 billion to Ukraine: sources reveal the mechanism.
Loan to Ukraine from Norway
According to inkorr.com: The Norwegian government is considering providing a loan to Ukraine through its sovereign pension fund. The initiative involves using the fund amounting to €1.7 trillion as collateral for a loan from the European Union, exceeding €100 billion. Four out of nine political parties in Norway have already supported this idea.
Situation in the EU
According to The Times, the European Union plans to raise €140 billion to support Ukraine. However, the process is delayed due to insufficient guarantees from Ukraine. While Norway is criticized for 'profiting from war', the leader of the Liberal Party believes that helping Ukraine is the right decision.
Norway's participation in projects
The Prime Minister of Norway has confirmed readiness to cooperate and provide a loan, but the final decision will be made after negotiations in Brussels. The Danish Prime Minister emphasized that Norway's potential involvement is significant. Norway, which has the largest sovereign fund in the world, will also finance a gender recovery project in Ukraine.
The situation with financial support for Ukraine remains critically important, given the challenges the country faces. Norway, as one of the key partners, aims to actively contribute to the recovery of Ukraine's economy through its investments and aid projects. Further negotiations in Brussels may define the scale of this support and its impact on regional stability.
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