Norway rethinks €1.7 trillion sovereign fund to boost support for Ukraine

Norway rethinks €1.7 trillion sovereign fund to boost support for Ukraine

30 comments

  1. Sovereign sounds good for what we want to achieve. Let’s go Norway, join us and do wonders with us.

  2. This is excellent news. In the fallout of American isolationism other countries need to step up their support for Ukraine. All of Europe recognizes the dangers of Putin, the fight for Ukraine is the fight for Europe.

  3. I love it how the initial Russian assumption of “on the first sign of trouble, Europe and the NATO will fall apart” did go to the complete opposite direction. Europe and the European part of NATO was never before this united. If it wasn’t for Trump, the West would be stronger than ever right now.

  4. Can all you other fine countries keep we Canadians in mind when creating alliances? I feel like we’re going to need our friends soon 😞

  5. what was the point of this article there re thinking nothing. There sitting on 1.7 trillion they have never said they would give Ukraine a dime of it what’s the point of this article

  6. 1.7T is an insane amount of money, does anyone have any clue how much of that is fairly liquid?

  7. Putin has managed to provoke an existential crisis for European unity. So far I’ve seen nothing from Europe beyond pronouncements. I’m hopeful but not necessarily optimistic. I need to see Europe opening new artillery shell production lines and holding large scale joint military exercises on their own. An Army corps deployed to the Baltics. So far it’s all just talk

  8. Saab and rheinmettal gonna ramp even more hearing this

  9. It seems that Europe was closely monitoring the reaction of Trump et al. With Z.

    They were already speculating this eventuality from trump. However, it would be this ugly, they might not have envisaged.

    Also, the conservative narrative is that they are more interested in the funds being spent on their own country rather than Europe which “leeches” their money and uses their influence while being a pillow princess.

    They forget what is the price of making someone great- you for all, while not expecting all for you.

    Scandinavia should be worried. Russia is a dacoit of a neighbour one should stay away from. Ukraine is currently fighting not only for itself but for the whole Europe and US’s behalf too.

    Anyway, the US conservatives don’t have brains enough to think this big.

  10. Pulling investments out of USA and moving it into Europe is a excellent moral choice. Supporting Ukraine financially a no brainer unless they want to fight Russia soon..

  11. Doubling up on donations to Ukraine 🇺🇦 here 🇨🇦

  12. Never did I expect the US to willingly give up being the leader of the free world.

  13. Somewhere in Europe is 300 billion in money seized from sanctions on Russia. Give that to Ukraine and solve the problem. But they must not buy US weapons with it, show the Orange Man’s administration that it can work without it. It will be difficult but they have shown their cards and they lay with Putin.

  14. Putin has been making geopolitical mistake after mistake. The USA pulling out of Ukraine, which would be stupid for the USA (the Ukraine war is the most economically and biggest geopolitical win for the USA in modern history) could result in the countries closer to putin putting boots on the ground. After the protracted war with Ukraine, EU doesn’t need the USA.

    Futher, if Trump doesn’t manage a dictatorship in the USA and the country flips, America will come in late and just clean up.

  15. I love seeing how all these countries step in to show support and help, even if the US won’t help, Ukraine is not alone.

  16. If Norway puts even a tenth of that fund behind Ukrainian weapons development, as in investing in companies that need liquidity to create more weapons, it is the end of Russia. I really hope they do it.

  18. Could they lift some investments in the USA and use part of that in Ukraine it would be even better. It would be swell if the US backing out of Ukraine could led to at least as big of a backslach from european investments in the US economy. It should not mean a gain for the grabber USA with it’s grabber potus to withdraw from Europe of cource. The 1% Tesla share would be a good first step and then some more. Make them pay.

  19. The orange butt plug is so far up Putin’s ass that Vlad has Cheeto coughs

  20. At some point Europe must be prepared for war, they can’t go forever like this . sad but true!

  22. Doesn’t the fund have a huge stake in Tesla? Selling Tesla stock to send the money to Ukraine would be hilarious.

  23. Couldn’t someone just kill Putin? Might save a bunch of money.

  24. “One idea is to convert some €300 billion of the fund’s €450 billion in liquid bonds into European defence bonds, on the condition that the money is used exclusively to build Europe’s defence.”

    Good stuff!

  25. Where can we send private donations?

    Go fund Zelensky

  26. Damn, the Norwegians are PISSED!

    “We’re rich, let’s give Ukraine 15% of our GDP. Oh, and by the way: American Warship, go fuel yourself!”

  27. Conservatives in America that love Norway are going to be so confused.

    They don’t understand that all of the things they love about Norway are because of all the things they hate about Norway.

  28. I’ll be very proud of Europe stepping up. Europe standing as one stops Russia in their tracks. Let’s remember the current war is 3 years old ..Russia superpower? Hmm? I’m honestly embarrassed by the actions the Trump administration is signaling. Do they want to joint the Axis of Evil?

  29. Don’t say this too loudly. If Trump figures out that Norway exists and has all this money he’ll be coming for you next.

  30. Instead of giving money, I think we should ramp up arms production and give arms. We might need a stronger defense industry soon

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