Jens Stoltenberg, the former Secretary General of NATO, is set to become Norway's next finance minister following the collapse of the Norwegian coalition government. Stoltenberg's appointment comes amidst political turmoil and energy policy debates.
Jens Stoltenberg , the former Secretary General of NATO , is set to become Norway 's next finance minister on Tuesday, according to a confirmation from Norway 's finance ministry to CNBC. Stoltenberg's appointment comes amidst a period of political turmoil in Norway , following the collapse of the ruling coalition last week due to disagreements over EU energy directives.
Prior to his departure from NATO in 2024, Stoltenberg served as the head of the Western military alliance for a decade, handing over the reins to former Dutch Prime Minister Mark Rutte. His new role as Norway's finance minister is part of a cabinet reshuffle announced by the government on Tuesday morning. Stoltenberg, a seasoned politician with a background in both domestic and international affairs, previously held the position of Norway's prime minister twice, from 2000 to 2001 and again from 2005 to 2013.Stoltenberg's appointment was met with mixed reactions. While some praised his experience and leadership qualities, others expressed concerns about the timing of his entry into the Norwegian political scene. The collapse of the governing coalition highlighted the deep divisions within Norwegian politics, particularly regarding energy policy. Before its dissolution, the coalition faced criticism from Brussels for its stance on the renewal of two aging energy transmission cables exporting power to neighboring Denmark. Both the Labour Party and the euroskeptic Center Party opposed the renewal, citing concerns about soaring energy prices for domestic consumers. Critics argued that Norway should prioritize its own energy needs over exporting power to other countries. Stoltenberg was initially slated to become the chair of the Munich Security Conference but will now delay taking on this role due to his appointment as finance minister. The MSC acknowledged his decision, stating that he will resume his pro bono position at the helm of the conference once his public service tenure concludes
NATO Jens Stoltenberg Norway Finance Minister Coalition Collapse Energy Policy EU
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