Economics

The Italian hotel group J.K. Place – known for its super-stylish hotels in Florence, Rome and Capri – has opened a much-anticipated iteration in Paris and I was lucky to be one of the …

4,236 electric cars were newly registered in Norway in the first month of the new year. The market share of electric cars in passenger car registrations was thus 44.3 per …

Skanska invests €46.2m (NOK 470m) in the sixth phase of the residential project Ensjo Torg in Oslo, Norway. The construction contract is worth €36.6m (NOK 372m) which will be included in …

Enterprise Estonia launched a round of applications on Saturday for the main grant scheme of the Estonian-Norwegian cooperation program “Green ICT,” the total budget of which is €18.8 million. In …

The US government is keen to include agriculture in the trade talks with the EU, according to the US Secretary of Agriculture Sonny Perdue. The Trump administration believes agriculture must …

An NGO has filed a complaint against a Swiss energy company for investing in a Norwegian wind power project opposed by the indigenous Sami people.  On Thursday, the Society for Threatened …

According to the international trade data, Norway’s aluminium wire exports to Sweden are likely to stand lower at the end of this year, while its exports to the Netherlands are …

Norway’s Equinor has acquired a 50-percent stake in a Polish offshore wind project, Baltyk I with a capacity of 1.56 GW, from Poland-based privately-owned energy producer Polenergia, the Norwegian company …

The King in Council has today appointed Professor Ingvild Almås and economist Jeanette Strøm Fjære as external members of the new committee on monetary policy and financial stability in Norges …

The European Union is planning to award 20 licenses for snow crab fishing near Norway’s Arctic archipelago of Svalbard, in violation of a ruling by the Norwegian Supreme Court. According …

The value of Norway’s sovereign wealth fund, the world’s largest, grew to a record 10 trillion Norwegian crowns ($1.09 trillion) on Friday, boosted by rising global stocks and the strength …

The Government’s annual budget proposal includes an allocation of NOK 466 million for vulnerable groups under a new budget item created for this purpose. ‘If we are to reach the …

The Government has proposed to increase the total aid budget from NOK 37.8 billion to NOK 39.2 billion. The Government will intensify Norway’s work to promote achievement of the Sustainable …

‘Sound, transparent tax systems that increase government revenue and improve the distribution of wealth are essential for the very poorest countries to achieve poverty reduction and sustainable development. Through this …

Norway’s sovereign wealth fund, the world’s biggest, was advised to scale back its investments in Europe, and ramp them up in North America, the Financial Times (FT) reported, citing a …

The Ministry of Finance has received assessments from Norges Bank on the composition of the equity benchmark for the Government Pension Fund Global (GPFG). The Ministry’s assessments will be presented …

The Radisson Blu Scandinavia Hotel in Oslo has completed a multi-million pound refurbishment of its entire 44-year-old property. Radisson says it marks its “biggest-ever renovation programme in the Nordics”. The …

After 17 years as the CEO of Norwegian Air Shuttle, Bjørn Kjos (72) will leave the position and continue in a new role as an advisor to the Chairman, with …

PGNiG Upstream Norway will acquire 22.2 percent of shares in King Lear field – PL146 and PL333 licenses – from Total E&P Norge. The volume of production in the part …

THE HAGUE, Netherlands–Proactively promoting entrepreneurship, innovation, and economic freedom continues to be a critical pillar of U.S. engagement with the world. U.S. Ambassador Pete Hoekstra said on Wednesday the Dutch …

The Norwegian economy is performing well. Employment growth is high and unemployment has declined across the country. Non-oil business investment is at a 10-year high. The positive developments are expected …

The government from Norway wants to tighten restrictions on unlicensed gambling operators in the country and change processing rules. Norway.- Norway is set to change its regulatory scheme in order …

Norwegian-owned real estate company Baltic Sea Properties (BSP) says local banks have turned down its request for funding for construction projects outside Vilnius and Kaunas thrice in the past six months, the business …

Norway’s aluminium cans import is estimated to stand down this year to 9,374 tonnes, according to our third-party data. In 2018, the estimated import amount was at 9,539 tonnes, after …

I am pleased to note that the IMF delegation find Norway’s economic momentum to be strong due to the conduct of fiscal policy in recent years, says Minister of Finance …