US EditionWill 'war profiteer' Norway come to Ukraine's financial rescue?
28 Articles
28 Articles
Norway has become enormously wealthy after taking over from Russia as Europe's main gas supplier following the invasion of Ukraine. This has led to demands in Oslo that the nation use its vast oil reserves to help Ukraine. Some in Norway say the country's windfall profits make it a "war profiteer" and several Norwegian political parties, including...
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Will 'war profiteer' Norway come to Ukraine's financial rescue?
Norway has grown vastly richer after overtaking Russia as Europe's main gas supplier following the invasion of Ukraine, sparking calls in Oslo for the Scandinavian nation to use its colossal sovereign wealth fund to help Kyiv.
Norway, enriched by the Ukrainian crisis, is being asked to use its sovereign wealth fund and financially help Kiev. Some politicians even speak of a "moral obligation"
Norway, the largest European hydrocarbon producer, pocketed 109 billion euros thanks to the explosion in gas prices linked to the war in Ukraine. Considering that the country has a lot of money saved, some politicians propose to guarantee a loan of 140 billion euros to...
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