Business/Startup thread by @terjehelland

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🇳🇴Norway and 🇺🇦Ukraine:
A closer look at Norway's support to Ukraine reveals a troubling trend. Despite Norway's massive financial strength, our contributions lag behind nations like Sweden and Denmark.
🧵 Let's dive into the numbers. ⬇️
(1/11)

2

💰 Norway has reaped massive financial benefits from the war in Ukraine, with increased gas prices (and sales) leading to over 1500 billion NOK ($143 billion) in additional revenue for ´22 and ´23 alone.
Yet, our support to Ukraine is far less than what our financial strength allows.
(2/11)

3

🇸🇪 Sweden has pledged 135 billion NOK ($12.9 billion) in support to Ukraine from 2022-2028. This includes a recent announcement of 75 billion SEK ($7.1 billion) in military aid for 2024-2026. Norway's total support? About 86 billion NOK ($8.2 billion) for the same period.
(3/11)

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🇩🇰 Denmark, with a smaller GDP than Norway, has committed 137.6 billion NOK ($13.2 billion) in aid to Ukraine. This starkly contrasts with Norway's lower contribution despite having a significantly higher GDP.
(4/11)

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📊 Comparison:
🇳🇴 Norway: 86 billion NOK ($8.2 billion)
🇸🇪 Sweden: 135 billion NOK ($12.9 billion)
🇩🇰 Denmark: 135 billion NOK ($12.9 billion) 
Norway's GDP is 40% higher than Denmark's, yet our contributions are significantly less.  
(5/11)

6

🌍 Top 5 European contributors to Ukraine (as % of GDP) compared with Norway:
🇪🇪 Estonia: 1.55%
🇩🇰 Denmark: 1.38%
🇱🇹 Lithuania: 1.22%
🇱🇻 Latvia: 1.14%
🇫🇮 Finland: 0.74%
....
🇳🇴 Norway: 0.44%
(6/11)
statista.com/statistics/130…

                            7
                        
🌍 As a nation that prides itself on humanitarian values and international solidarity, Norway's current level of support to Ukraine is insufficient. Norway must align our actions with our principles. 
(7/11)

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🤝 While other nations are taking loans and making economic sacrifices to support Ukraine, Norway has the financial capacity to do much more without jeopardizing our economy. It's time to step up and not bank the money that should have gone to Ukraine.
(8/11)

                            9
                        
🇳🇴 Norway has limited available military material to contribute, but if there is a bill to be paid for anything Ukraine needs, Norway should be first in line to take it and participate. 
(9/11)

10

📣 It’s crucial for Norwegian politicians to recognize the urgency and increase our support for Ukraine. Ukraine is fighting for Norway’s security too.
Our contributions should match our capabilities and moral responsibility.
(10/11)

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📩You can express your view directly to the responsible politicians and parties:
PM @jonasgahrstore
Foreign Minister @EspenBarthEide
Finance Minister Trygve Vedum @Senterpartiet
Labour Party: @Arbeiderpartiet
Quote-tweet THIS tweet and tell them to get their act together.

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More statistics here show the same:
ifw-kiel.de/topics/war-aga…

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Your support motivates me to continue researching, informing, and engaging.
Thank you!

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expressen.se/kronikorer/dav…

🇳🇴Norway and 🇺🇦Ukraine: A closer look at Norway's support to...

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