Finance
Unemployment in Norway increased by 83% between November 2019 and November 2020
Unemployment increased by 83% from November 2019 to November 2020. The increase was most significant among those with a short university education.
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Tryg Insurance expects to pay out 130 million kroner in compensation after Gjerdrum landslide
The insurance company Tryg expects to pay out NOK 130 million in compensation after the landslide in Gjerdrum that took place this Christmas.
Finance
NAV chief thinks tens of thousands of Norwegians could be laid off
The lockdowns in 25 municipalities in Eastern Norway has already led to layoffs.
Finance
Stores in the entire Oslo region announce major layoffs due to lockdown
Shops in the entire Oslo region have been closed due to the outbreak of the mutated coronavirus, and major layoffs have been announced.
Finance
Volkswagen Golf was last year’s best-selling car in Norway
Volkswagen Golf is at the top of the sales statistics for new and used cars in Norway last year. The Golf was sold a total of 18,927 times in 2020.
Finance
Solberg’s government decides to provide financial support to Norwegian
The Norwegian government decided to extend funding to the reconstructed Norwegian airline but demands that private investors also contribute.
Finance
Number of unemployed workers in Norway increased by 3,300 last week
In the last week, a total of 197,200 job seekers and completely and partially unemployed workers have been registered at the Norwegian Labour and Welfare Administration…
Finance
Norwegian Ministry of Petroleum offers 61 production licenses on the Norwegian continental shelf
The 61 production licenses are located in the North Sea (34), the Norwegian Sea (24), and the Barents Sea (3).
Finance
In 2020, 9.1% less tax was paid in Norway
In 2020, a total of NOK 858.4 billion was paid in tax in Norway. That is NOK 85.6 billion, or 9.1%, less than in 2019. The reason? The corona measures.
Finance
Norwegians are divided over tax cuts on alcohol, snus, and sweets, new survey shows
Norwegians are divided over lower taxes on snus, sugar, and alcohol. Still, a majority of those surveyed in a recent survey believe the decision to reduce them was the…
Finance
The NAV scandal: The largest social security scandal in modern Norwegian history
For many Norwegians this year, the Norwegian Labour and Welfare Administration (NAV) has been a vital economic and financial savior. With much of the country receiving,…
Finance
The Norwegian government’s tender requirements could exclude Wizz Air from participating
The Norwegian government has issued a tender for government purchases of air routes. Several requirements can exclude Wizz Air from participating in the tender.
Finance
Norwegian to drop long-distance flights
The airline Norwegian will, in the future, focus on a European route network without long-haul.
Finance
Investments in oil and gas in Norway increased in 2020
Investments in oil and gas in Norway increased last year despite the corona pandemic.
Finance
Oslo hotels suffered a major loss of income in December. 89% of rooms were empty
A total of 89% of all hotel rooms in the capital were empty on average every single night in December.
Finance
Norwegian banks have only 500 kroner in cash per inhabitant
Out of the total deposits of NOK 2,448 billion in Norwegian banks, only 0.1%, or NOK 2.7 billion, is available for exchange into cash.
Finance
Norway wants to extend the increased unemployment benefit rate until July 1
Due to the corona situation, the Norweigan government is proposing to extend the increased unemployment benefit rate for the laid-off and unemployed until July 1.
Finance
Price growth in Norway in 2020 was the lowest in the last eight years
The consumer price index in Norway rose by 1.3% in 2020. Low electricity prices slowed down inflation.