Norway could support the EU plan to use frozen Russian assets for Ukraine, but will not provide financial guarantees through its sovereign fund.

Norway could support the European Union's initiative to use frozen Russian assets to finance Ukraine, according to Finance Minister Jens Stoltenberg. European finance ministers will discuss mobilizing 130-140 billion euros for Ukraine, mainly through the utilization of blocked Russian assets.

However, Belgium, which holds the majority of the frozen funds, has opposed this idea due to legal risks. Proposals from some Norwegian parliamentarians to use Norway's sovereign fund to guarantee potential legal losses have been rejected by Stoltenberg, who emphasized that Norway has already contributed to financial support for Ukraine but cannot be the sole guarantor of this mechanism. The Norwegian sovereign fund, the largest in the world, has strict rules regarding the use of its assets.