Finance
Norwegians steer clear of expensive consumer loans during reopening of country
The reopening of Norway is in full swing, and so far, Norwegians have steered away from expensive consumer loans. Norwegians' consumer debt continues to fall.
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
(Mis)performance bonus: Secret millions in bonuses to Norwegian executives spark condemnation
Though the bonuses appear to be legal, were they morally right given what has happened to the company during most of the top executive's recent reign?
Finance
Housing prices in Norway fell by 0.2% in June
After a sharp rise in prices over the past year, house prices leveled off this spring.
Finance
Professor asks for new commission to examine Norway’s state spending during the pandemic
Professor Magne Mogstad believes a new commission should investigate the state's spending during the pandemic. Business owners must also bear the risk if things go…
Finance
NAV: There was a sharp decline in the number of job seekers in Norway in June
At the end of June, 163,300 fully and partially unemployed workers and job seekers were registered at the Norwegian Labor and Welfare Administration (NAV). That makes up…
Finance
Vipps is merging with Mobilepay and Pivo
Vipps, Danske Bank's Mobilepay, and Finnish Pivo are merging. The new company will have 11 million users in Norway, Denmark, and Finland.
Finance
Norwegian households have 3,877 billion kroner in debt
The twelve-month growth in debt of Norwegian households amounted to 5.1% up to the end of May - up from 5.0% the month before.
Finance
DN: Danske Bank charged too high interest rates on late fees – 190,000 Norwegian customers may be affected
In a message published on its website, Danske Bank announced that it had charged too high interest rates on late fees. A total of 190,000 customers in Norway may be…
Finance
Swedish border municipalities lost billions last year due to the pandemic
Grocery trade in Swedish municipalities bordering Norway fell by around SEK 7 billion from 2019 to 2020.
Finance
Minister of Industry criticizes controversial bonuses in Norwegian: “Poor judgment”
The Minister of Trade and Industry has received Norwegian's report on the bonuses.
Finance
From 2019 to 2020, the number of recipients of social assistance in Norway decreased by 4.3%
In total, about 124,400 people received financial social assistance in 2020, which is a reduction of 4.3% compared with the previous year.
Finance
120% above the average: Norway remains most expensive country for alcohol and tobacco in Europe
The prices of alcohol and tobacco in Norway are 120% above the European average. No other country in Europe has more expensive alcohol and tobacco than Norway.
Finance
Norwegian claims controversial top management bonuses were paid out today
Norwegian chairman Svein Harald Øygard says that the controversial bonuses to top executives Jacob Schram and Geir Karlsen were paid out on Friday.
Finance
Minister demands explanation from Norwegian after news of millions in bonuses to top management
Minister of Trade and Industry Iselin Nybø (V) demands a statement from Norwegian on the million-bonuses that were paid to the company's top management.
Finance
Will the Norwegian Competition Authority stop DNB’s acquisition of Sbanken?
The Norwegian Competition Authority believes that DNB's acquisition of Sbanken could weaken competition in the market for savings in funds. Thus, they are considering…
Finance
New details: Norwegian’s top officials received 11 million kroner each through secret bonuses
Norwegian's top officials Jacob Schram and Geir Karlsen were paid NOK 11 million each in bonuses in May, according to the newspaper Dagens Næringsliv (DN).
Finance
The top managers in Norwegian received millions in bonuses for staying in the company
Both the new and the old top managers in Norwegian were paid a million in bonuses each in May because they stayed in the company through the bankruptcy negotiations.