
The state pension fund of Norway - the largest investment fund in the world - can withdraw funds from Russia in case of tightening the sanctions of the European Union against Moscow. This was reported by Bloomberg with reference to the press secretary of the Norwegian Ministry of Finance Runar Mulkenses.
If Norway oil revenues invested in Russia will be at risk of sanctions, the fund "will be forced to make the necessary adjustments to adapt to a new situation," the official warned.
The press secretary of the Marta Foundation Skor confirmed that the organization was monitoring the situation in Russia. At the same time, she refused to answer whether the withdrawal of funds had already begun.
Meanwhile, Hans Ulav Syuverzen, the head of the Storting Financial Committee, which controls the activities of the Fund, noted that "Russia seems dangerous for foreign investment."
The total volume of the Norway State Pension Fund is estimated at $ 890 billion. In April, the general director of the organization Ingwe Slyungstad stated that its structure has "significant" investments in Russia. According to the annual financial report, at the end of 2013, the fund had approximately $ 3.6 billion in Russia in Russia and about 4 billion more in corporate and state bonds.
Norway is not included in the European Union, but is ready to support the sanctions against Russia. The spokeswoman for the Norwegian Foreign Foreign Frude Andersen assured that the country's government would carefully consider the measures proposed by the EU, consulting if necessary with Storting.
On Thursday, the European Commission will offer the candidates of new defendants in the anti -Russian sanctions list. Earlier it was expected that the expansion of the list will be discussed on Tuesday at a meeting of the heads of the EU countries. However, later it turned out that ministers do not intend to affect this topic.