Norway to give over US$9bil to Ukraine in 2027
Norwegian prime minister Jonas Gahr Stoere says the funding will support both military and humanitarian spending.
Norway has announced plans to provide an additional NOK85 billion (US$9.2 billion) in financial support to Ukraine for the fiscal year 2027, maintaining the same amount given in the previous year. This assistance will be allocated towards both military and humanitarian expenses, as stated by Norwegian Prime Minister Jonas Gahr Stoere. Stoere emphasized that supporting and rebuilding Ukraine is not merely assistance but an investment in Europe's own security.
In a separate development, Finland and Ukraine have signed a letter of intent regarding the manufacturing and development of unmanned systems in Finland. Additionally, a memorandum of understanding has been established for a joint venture to produce unmanned surface vessels, according to a statement from Zelensky's office.
Russian President Vladimir Putin commented on the situation, stating that Ukraine's strikes on Russian economic targets have opened a Pandora's box, and Russia will retaliate against Ukraine's most sensitive economic sectors. Both Russia and Ukraine are intensifying their drone campaigns to damage the economic infrastructure of the opposing side, with the conflict on the battlefield nearing its fourth and a half year.
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