Finance
2016 shows lowest wage growth since the start of the new millennium
In September last year, the average Norwegian monthly salary was 43.300 . This was an increase of 1.6% compared to the same month in 2015. The average monthly salary for…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Fewer procecuted for benefit fraud in 2016
Last year, a total of 1,166 people were reported for benefit fraud totalling 233 million Nok. Half of this amount comes from fraudulent claims for unemployment benefits.…
Finance
Economy explains skepticism toward immigration
The most vulnerable in the labour market are the most negative toward immigration. This is what is shown in a new study conducted in Norway and 16 other countries. In…
Finance
Senior citizens would pay 1.3 billion extra with Arbeiderpartiet (Labour – Ap) tax plan
210,000 Norwegian pensioners must pay 1.3 billion more in taxes annually if Ap get into government and implement their new tax plan, reported VG newspaper. Numbers that…
Finance
Little change in the Norwegian Merchant Fleet
The Norwegian Merchant Fleet had an increase of 29 vessels from 2015 to 2016. Gross tonnage had an increase of 750 000 tonnage compared with 2015. Out of 1 402 vessels…
Finance
DNB sound the alarm about young people’s spending
Many young people are planning to increase their spending in 2017, and would rather spend than save, a recent study has shown. It makes DNB Nor bank uneasy. In a…
Finance
700 Norwegian ship workers may lose their job
The government will allow Kiel ferries of Color Line to join the Norwegian International Ship Register (NIS). 700 employees are in danger of losing their jobs because of…
Finance
Airport ground staff alerts for strikes – four airports will be affected first
Ground staff at Trondheim and Bergen Airport, and at airports in Stavanger and Bodo are taken out on strike if the parties fail to agree within 5th of February. Oslo…
Finance
Denmark to appoint world’s first ‘digital ambassador’
Denmark will become the first country in the world to appoint a digital ambassador to manage its relationship with technology giants such as Google, Apple and Microsoft.…
Finance
Decrease in river catch of salmon
In 2016, 180 300 salmon, sea trout and migratory char were caught in Norwegian rivers, which is 9 per cent less than in 2015. Of these, 79 per cent were slaughtered and…
Finance
Unemployment in Spain fell to 18.6 percent
Unemployment in Spain fell to 18.6 percent in the latter part of 2016. The level is the lowest in seven years. The number of unemployed fell to 4.2 million in the fourth…
Finance
Recalculation: Norway needs 1,000 new bus drivers annually
There is a need for 1,000 new bus drivers each year, if the goal of increasing collective growth is to be achieved, according to a calculation by PIL. Today only about…
Finance
Norwegian will be first on the wing with new 737 Max aircraft
Norwegian will consolidate its position as one of the world’s fastest growing airlines when they use their new Boeing 737 Max. The company told CNN that they will…
Finance
An English financier buys McDonalds in Scandinavia
After many months of hunting, McDonalds has finally found a buyer for the chain’s 435 restaurants in Norway, Sweden, Finland and Denmark. It is the English financier Guy…
Finance
Unemployment 4.7 per cent
Unemployment decreased by 0.2 percentage points, or 6 000 persons, from August (average of July–September) to November (average of October–December), according to…
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