The European Commission is considering a €140 billion reparations loan for Ukraine

An alternative to locked-in financial instruments

The European Commission is studying the possibility of of the EU's common debt and bilateral grants to cover Ukraine's growing financial deficit, according to Euractiv.
According to the newspaper, the main option for supporting Kyiv's military efforts remains «reparation loan» in the amount of about 140 billion euros, However, its implementation is currently blocked by Belgium.

Norway urged to help EU unblock loan

EU Member States call on Norway use your sovereign wealth fund The EU's €1.8 trillion facility to support joint European financing for Ukraine.
Five Norwegian political parties, three of which will potentially form new coalition government, have already expressed support for this idea.

Analysts believe that attracting the Norwegian fund could partially compensate for the lack of funds, The EU's decision to suspend the freezing of Russian assets was caused by political differences in the EU over the use of frozen Russian assets.

Norway's sovereign wealth fund is the largest in the world

Rich in oil Norway owns the world's largest sovereign wealth fund, valued at 1.8 trillion euros.
In 2022-2023 alone, the country earned about 109 billion euros on the rise in gas prices after Russia's full-scale invasion of Ukraine.

According to European experts, these resources can be key in financing «reparations loan» and stabilisation of the Ukrainian budget in 2026-2027.