Former NATO head Jens Stoltenberg named Norway's new finance minister

After a decade at the helm of NATO, Stoltenberg announced his surprise return to the frontline of Norwegian politics as finance minister on Tuesday.

Transcript

00:00Norway's Prime Minister presented his new government on Tuesday following a cabinet

00:05reshuffle.

00:06The biggest surprise was former NATO Secretary General Jens Stoltenberg returning as Finance

00:12Minister.

00:13The veteran politician served as Norway's Prime Minister for nine years before joining

00:17NATO from 2014 to 2024.

00:21He will now be replacing Slagsvold Vettem after a fierce debate over EU energy policies

00:27forced the country's ruling coalition government to split last week.

00:57Stoltenberg announced his return to politics on Tuesday after, quote, having carefully

01:01considered the current challenges we face.

01:04Norway, which is not a member of the EU, could potentially be hit by tariffs from both Brussels

01:09and Washington should US President Donald Trump follow through with his tax threats.

01:15During his time at NATO, Stoltenberg was instrumental in convincing Trump to stick with the alliance.