Story perspectives

Norway Weighs €100 Billion Military Loan for Ukraine

11/10/2025

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Summary

Story summary

Norway is considering guaranteeing a €100 billion European military loan, using its €1.7 trillion sovereign wealth fund as collateral, with Prime Minister Jonas Gahr Støre signaling willingness to explore.
The proposal has backing from several political parties in Norway.
The loan would address Ukraine's urgent financial needs amid ongoing war-related challenges.
Some European nations express concerns about legal and financial implications of using frozen Russian assets to fund the loan.

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Story summary

Norway is considering guaranteeing a €100 billion European military loan, using its €1.7 trillion sovereign wealth fund as collateral, with Prime Minister Jonas Gahr Støre signaling willingness to explore.
The proposal has backing from several political parties in Norway.
The loan would address Ukraine's urgent financial needs amid ongoing war-related challenges.
Some European nations express concerns about legal and financial implications of using frozen Russian assets to fund the loan.