Norway to give over $9 billion to Ukraine in 2027

Norway to give over $9 billion to Ukraine in 2027

Norway ​plans to give another 85 billion ​Norwegian crowns ($9.2 billion) in ‌financial ​support to Ukraine in the 2027 fiscal year, in line with the amount given in 2026, the Nordic ‌country's government said in a statement on Sunday.

Norwegian Prime Minister Jonas Gahr Stoere and leaders from across the Nordic and Baltic region are visiting Kyiv on Sunday in ‌a show of support for Ukraine in the war with Russia. Norway's ‌donation will be for both military and humanitarian spending, Stoere was quoted as saying in the text of a speech released by the government in Oslo.

"Supporting and rebuilding Ukraine is ⁠not ​assistance alone. It is ⁠an investment in Europe's own security," Stoere said. Separately, Finland and Ukraine have signed a ⁠letter of intent on manufacturing and developing unmanned systems in Finland and memorandum of understanding ​for a joint venture to produce uncrewed surface vessels, among other documents, Zelenskiy's ⁠office said on X.

In comments published on Saturday, Russian President Vladimir Putin said that Kyiv ⁠had ​opened a "Pandora's box" with its strikes on Russian economic targets and that Moscow would hit back at Ukraine's "most sensitive economic sectors". Russia and Ukraine are ⁠both ramping up drone campaigns aiming to cripple each other's economic infrastructure, often striking ⁠targets far beyond ⁠the frontlines of the war started by Moscow, as fighting on the battlefield grinds toward the 4-1/2-year mark. ($1 = 9.2875 Norwegian ‌crowns)

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