Key facts
- Norway offered 90 million euros ($103 million) to Ukraine.
- The funds will be provided through an EU mechanism tied to Ukraine passing reforms.
- Ukraine needs to implement 23 reforms by the end of 2026 to receive the 11th installment of the Ukraine Facility.
- The Ukraine Facility has provided 29.5 billion euros ($33.9 billion) to Ukraine since its agreement in 2024.
- Norway is not an EU member but is integrated through the European Economic Area.
Norway has pledged 90 million euros ($103 million) to Ukraine, to be disbursed through an European Union mechanism that provides cash in exchange for the completion of reforms. The announcement was made by EU Enlargement Commissioner Marta Kos and Norwegian Foreign Minister Espen Barth Eide in Oslo on September 17.
Ukraine receives financial support from both the EU and the International Monetary Fund (IMF) contingent on its parliament passing reforms aimed at aligning the country with EU standards, improving the business environment, and combating corruption. For nearly a year, the passage of these reforms has been slow, jeopardizing billions of euros in potential support and hindering Ukraine's EU accession prospects.
A recent push by the European Commission and Prime Minister Serhii Koretskyi appears to have unblocked the legislature, with seven bills advancing on September 16 without being blocked. The 90 million euros from Norway is expected to be linked to the 11th installment of the Ukraine Facility, which is valued at 2.1 billion euros ($2.4 billion). To receive this installment, Kyiv must implement 23 reforms related to public finances, the judiciary, and anti-corruption by the end of 2026.
Since its agreement in 2024, the Ukraine Facility has already provided 29.5 billion euros ($33.9 billion) in support to Ukraine. Both the EU and Norway share a common approach in supporting Ukraine's defense against Russian aggression and its reform efforts to strengthen the country and advance its EU membership aspirations.