Norway reports highest power export on record for 2021
Norway exported 25.8 TWh of power in 2021, while 8.2 TWh was imported. That resulted in an export surplus of about 17.6 TWh, new figures…
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Norwegian government willing to convert SAS loan into shares
Seven out of ten tourism companies in Norway have vacant summer jobs
SSB: High proportion of overqualified immigrants working in Norway
Statistics Norway: The export price for fresh salmon continues to rise
Fuel prices in Norway continue to rise: “Disappointed that the government isn’t cutting fuel taxes”
Cabin prices in Norway rose sharply in the first half of the year
Dagbladet: Tine wants to sell Norwegian milk in China
SSB: 7 out of 10 young people in Norway had a job last summer
Chief economist at Sparebank 1 believes Norges Bank should increase key interest rate by 0.75%
Norges Bank should follow the US example and raise the key interest rate by 0.75%, says Elisabeth Holvik, chief economist at Sparebank 1. Holvik told…
Norway to award 100 million kroner to green projects in shipping and aquaculture
Eleven projects in sustainable aquaculture and emission reductions from ships will be awarded a total of NOK 100 million for research and innovation. The projects…
Norway increases its development aid budget by 2.5 billion kroner
The Norwegian government and Socialist Left Party (SV) have agreed to increase the development aid budget by NOK 2.5 billion, with priority given to UN…
Norway’s largest private property is up for sale
The largest private property in Norway is up for sale. The sale of Meraker Brug in Trøndelag will secure works of art and ensure the…
Denmark ready to forgive debt and increase its ownership stake in SAS
The Danish government wants to help SAS survive and wants to increase its stake. But it also demands contributions from other parties. “We agree that…
Statistics Norway: Inflation is at its highest level since 1988
The consumer price index (CPI) has risen by 5.7% from May last year to May this year. This is the highest twelve-month growth Statistics Norway…
International Monetary Fund: Norwegian economy characterized by uncertainty
The International Monetary Fund (IMF) says high demand will increase gross domestic product by 4% in 2022 but notes that the economic outlook is uncertain….
VG: Millions in Norwegian aid to Lebanon disappeared due to poor exchange rates
At least NOK 32 million that was supposed to help vulnerable people in Lebanon in 2020 disappeared due to poor exchange rates, according to calculations…
Minister: SAS will not receive more money from the Swedish state
The Swedish state will not give more money to the crisis-stricken airline SAS, Sweden’s Minister of Trade and Industry Karl-Petter Thorwaldsson said on Tuesday. The…
Norwegian reports continued passenger traffic growth
More than 1.6 million people flew with Norwegian in May. That is an increase of 16% from last month. “Despite capacity challenges at some airports,…
Increased risk of double interest rate hike in June, Norwegian economists believe
Low unemployment figures increase the probability that Norges Bank will raise interest rates by twice as much as previously expected in June, economists at several…
