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Norway plans to raise financial support for Ukraine, prime minister says

Published by Global Banking & Finance Review

Posted on March 1, 2025

1 min read

· Last updated: January 25, 2026

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Norway plans to raise financial support for Ukraine, prime minister says
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OSLO (Reuters) - The Norwegian government will soon ask that parliament increases its financial backing for Ukraine, Norway's Prime Minister Jonas Gahr Stoere told public broadcaster NRK on Saturday.

Norway to Propose Increased Financial Aid for Ukraine, Says PM

OSLO (Reuters) - The Norwegian government will soon ask that parliament increases its financial backing for Ukraine, Norway's Prime Minister Jonas Gahr Stoere told public broadcaster NRK on Saturday.

"I can say today that we will go back to parliament in the near future with a proposal to increase the support," Stoere told NRK.

Norway's parliament late last year agreed to spend a total of 35 billion Norwegian crowns ($3.12 billion) on military and civilian support for Ukraine in 2025 and a total of 155 billion crowns in the years from 2023 to 2030.

Stoere will meet with European leaders and Ukrainian President Volodymyr Zelenskiy in London on Sunday.

Zelenskiy's meeting with U.S. President Donald Trump ended in disaster on Friday, after the two leaders clashed in an extraordinary exchange before the world's media at the White House over the war with Russia.

($1 = 11.2233 Norwegian crowns)

(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

Key Takeaways

  • Norway plans to increase financial support for Ukraine.
  • The proposal will be presented to the parliament soon.
  • Current support is set at 35 billion crowns for 2025.
  • Total support from 2023 to 2030 is 155 billion crowns.
  • PM Stoere to meet European leaders and Zelenskiy in London.

Frequently Asked Questions

What did Norway's Prime Minister announce regarding Ukraine?
Prime Minister Jonas Gahr Stoere announced that the Norwegian government will soon propose an increase in financial support for Ukraine.
How much financial support has Norway agreed to provide for Ukraine?
Norway's parliament agreed to spend a total of 35 billion Norwegian crowns ($3.12 billion) on military and civilian support for Ukraine in 2025.
Who will Stoere meet with to discuss support for Ukraine?
Stoere is scheduled to meet with European leaders and Ukrainian President Volodymyr Zelenskiy in London.
What was the outcome of Zelenskiy's meeting with U.S. President Trump?
Zelenskiy's meeting with U.S. President Donald Trump ended in disaster, with a clash between the two leaders over the war in Ukraine.
What is the exchange rate mentioned in the article?
The article mentions that 1 U.S. dollar is equivalent to 11.2233 Norwegian crowns.

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