US EditionNorway Says Won’t Be Sole Guarantor for EU Loan to Ukraine
- Norway has stated it will not be the sole guarantor for an EU loan to Ukraine, although contributions remain possible depending on EU proposals.
- The European Commission is considering an interest-free loan of €140 billion to Ukraine using frozen Russian assets for financial support over two years.
- Norway's Prime Minister Jonas Gahr Store emphasized that it is "out of the question" to use Norway’s pension fund as a loan guarantee, prioritizing the safety of the fund investments.
13 Articles
13 Articles
If Europe does not significantly increase support for Ukraine, Russia will win the war. It will then be very expensive for Europe and will lead to large refugee flows, Norwegian researchers warn in a new report, urging Norway to take the lead.
Norway says won’t be sole guarantor for EU loan to Ukraine
OSLO: Norway on Wednesday ruled out being the sole guarantor of a potential EU loan to Ukraine using frozen Russian assets, but may contribute depending on the solution Brussels chooses. The European Commission is considering using part of Russia’s assets frozen after its invasion of Ukraine to provide Kyiv with a 140-billion-euro ($162-billion) interest-free loan to finance
Kyiv’s European allies debate ways of keeping the cash flowing to Ukraine but the picture on the battlefield is grim
… . Their reasoning was that Norway, Europe’s biggest producer of oil … -west axis such as Iran and North Korea – which have been … up to 43% according to German research non-profit the … frozen Russian assets has already been rejected by Hungary and Slovakia. And …
Norway has said it is ready to join an EU loan facility based on frozen Russian assets, but without using its own sovereign fund. What you know, read TSN.ua (news 1+1).
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