Finance
Electricity prices halved during the winter
Electricity prices were 51.4 percent lower in the first quarter of this year than in the first quarter of last year. This shows new figures from Statistics Norway. The…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Fewer people think it will be worse for the Norwegian economy
Only 35 percent of those surveyed believe the economic situation in Norway will be worse next month, according to the Norwegian Coronavirus Monitor. In March, 82 percent…
Finance
Telia opens the 5G network in Norway
Telia opened its 5G network in Norway on Tuesday. The new network is first activated in Lillestrøm and parts of Groruddalen in Oslo. – “This is an anniversary in Telia’s…
Finance
Solberg: – A budget for gradually improving our daily lives
Prime Minister Erna Solberg (Høyre) says the revised national budget will lead Norway to a more normal position. The major measures will come at the end of May. “This is…
Finance
The Government will strengthen GP services by NOK 1.6 billion
In its new general practitioner sensing plan, the Government plans to increase the subsidy. “GPs should want to grow old in their profession,” says Bent Høie. “We will…
Finance
Oil service giant to cut 400 jobs in Norway
Oil service giant Schlumberger is in dialogue with trade unions and employees to cut 400 jobs. The Coronavirus epidemic and low oil prices hit the company hard. – So…
Finance
Norway has not seen worse numbers since the 1930s
Unemployment and the fall in the Norwegian economy have not been worse since the 1930s. But the estimates for the revised numbers are still better than feared, says Ola…
Finance
Food prices rose 1 per cent in April
Increased food prices led the consumer price index to rise 0.4 per cent from March to April 2020. Fall in electricity prices pulled down the Consumer Price Index (CPI).…
Finance
If has received travel insurance claims for NOK 220 million
People who use travel insurance to cover canceled holiday trips have submitted 48,000 claims for a total of NOK 220 million, estimates If. The Norwegian customers of If…
Finance
Equinor apologizes for transporting Norwegian gas to occupied area
Equinor has transported gas to Western Sahara despite the fact that the Ministry of Foreign Affairs discourages all activity towards the occupied area, writes…
Finance
13,000 more can receive housing support
The Government grants NOK 500 million extra for housing support through the Husbanken. Thus, more monetary support is received and today’s recipients can receive more…
Finance
Norwegian Air transported 41,000 passengers in April
Air traffic figures from Norwegian in April this year are well below compared to last year. A total of 41,311 passengers flew with the airline during Coronavirus…
Finance
Increased production of berries, fruits and vegetables in 2019
After a dry summer in 2018, 2019 fared much better for the berry, fruit and vegetable producers. The strawberry crop alone increased by 15 per cent. Strawberries…
Finance
Half of the restaurants that had to close are set to open again
Half of the restaurants that have been closed during the Coronavirus crisis have opened or will soon open again. The same goes for four out of ten hotels and six out of…
Finance
Norwegian seafood exports fall for the first time in 18 months
For the first time since September 2018, Norway has experienced a fall in the value of its seafood exports. In April, 183,000 tonnes of Norwegian seafood were exported…
Finance
Berry manufacturers are considering chartering aircraft to bring in seasonal workers
It is only a few weeks before the strawberries begin to ripen for harvesting and there is the urgency for berry producers to get the workers in place. Hence, some berry…
Finance
Policy rate reduced to zero percent
Norges Bank’s Monetary Policy and Financial Stability Committee has unanimously decided to reduce the policy rate to zero percent. Activity in the Norwegian economy has…
Finance
All foreign seasonal workers in agriculture are allowed to enter Norway again
The government has decided that all foreign seasonal workers who will be working in agriculture can enter Norway. “I am pleased that we will now be able to make changes…