Finance
Unemployment in Norway this year might be higher than expected
In the revised national budget (RNB) for 2021, it is estimated that unemployment in Norway will end at 3.5% this year. That is higher than what was estimated last autumn.
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Solberg wants to use 402.6 billion kroner from Norway’s Oil Fund this year
In the revised national budget for 2021, the Norwegian government proposes to spend NOK 402.6 billion from the Oil Fund. That is NOK 90 billion more than in the state…
Finance
Røe Isaksen fears that long-term unemployment will take hold
A total of 33,600 people were registered as long-term unemployed at the end of March. Minister of Labor and Social Inclusion Torbjørn Røe Isaksen (H) fears that they…
Finance
NTB: Norway to raise low VAT rate for culture, transport, and tourism from 6% to 12% from October 1
In its revised national budget, the Norwegian government proposes to set the low VAT rate back to 12% from October 1, according to news bureau NTB.
Finance
Norwegians are less worried about personal finances, new poll shows
A total of 20% of Norwegians now state that they are worried about their personal finances due to the pandemic - the lowest level since the corona pandemic hit Norway.
Finance
Here are the key figures in Norway’s Revised National Budget for 2021
The pandemic still weighs on the Norwegian economy. However, growth may be strong from the second half of this year.
Finance
GDP for mainland Norway expected to rise by 3.7% this year
The outlook for the Norwegian economy is better than last year.
Finance
Internal report criticizes Økokrim’s work against money laundering
Økokrim's own department for work against money laundering has been criticized in an internal report that newspaper Dagens Næringsliv has seen.
Finance
Prices in Norway rose moderately in April
The consumer price index (CPI) rose by 0.3% from March to April 2021. The rise was limited by a fall in food and non-alcoholic beverage prices.
Finance
Norwegian hospitals to get 1.5 billion kroner to cover corona losses
The Norwegian government proposes to compensate the hospitals with NOK 1.5 billion in the revised national budget.
Finance
Norwegian Confederation of Trade Unions gives 23 million kroner to the red-green election campaign
The Norwegian Confederation of Trade Unions (LO) is allocating NOK 23 million to the three red-green parties' election campaign. That is NOK 10 million more than four…
Finance
10.5% of the Norwegian population between the ages of 18 and 67 are now on disability benefits
In the first quarter of this year, a total of 359,900 people received disability benefits from the Norwegian Labor and Welfare Administration (NAV). That is 2,400 more…
Finance
Solberg decides to cut ferry prices by 10% in revised national budget, promises to halve prices by 2025
The Norwegian government promises to allocate NOK 120 million to reduced ferry prices in the proposal for a revised national budget for 2021. By 2025, prices will be…
Finance
DNB lambasted for violating money-laundering rules – CEO received 80% of maximum bonus
Several parties in the Norwegian parliament (Storting) reacted strongly to DNB CEO Kjerstin Braathen's bonus in 2020. With a bonus of NOK 3.2 million, she earned NOK…
Finance
Real estate expert: The house price peak in Oslo is behind us
According to the head of the Norwegian Real Estate Association, Carl O. Geving, the price peak in the capital is now behind us. The national price peak will also be…
Finance
SSB: 141,000 Norwegians were unemployed in the first quarter of 2021
Employment figures remained stable from the fourth quarter of 2020 to the first quarter of 2021. 141,000 people were unemployed, according to Statistics Norway (SSB).
Finance
Solberg comments on free trade negotiations with the UK: “Demanding”
Prime Minister Erna Solberg (H) did not share any news related to the timing dynamics of a new free trade agreement with the United Kingdom.
Finance
Snow crab and salmon contributed to growth in Norwegian seafood exports in April
Norway exported seafood worth NOK 8.6 billion last month. This is an increase of NOK 338 million, or 4%, compared with April last year.