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Norway’s Finance minister rules out using sovereign wealth fund to guarantee EU’s Ukraine loan

# Norway says it could support a European Union plan to utilise frozen Russian assets for Ukraine, but will not use its sovereign wealth fund as a sole financial backstop for the scheme. This comes as some members of Norway’s Parliament have proposed that the country’s sovereign wealth fund, the world’s biggest, could offer a guarantee that would cover a potential legal liability. Norway’s Finance minister Jens Stoltenberg says the country, which is not a member of the EU, is already making major financial contributions to Ukraine.