Plastic bag fee to rise again
NewsInEnglish.no » Business
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19h ago
The cost of a plastic bag at the grocery store in Norway jumped last year to NOK 4.25 but is now set to rise again. The bag fee is aimed at further reducing their use. The retailers' own environmental fund ..read more
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Frustrated farmers roared into town
NewsInEnglish.no » Business
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1w ago
NEWS ANALYSIS: Norway should have avoided noisy demonstrations by angry farmers like those seen around Europe this spring, since one of the country's most farmer-friendly parties shares government power. Sloppy politics and endless demands by farmers already wallowing in ..read more
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Norway’s currency weakens again
NewsInEnglish.no » Business
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3w ago
UPDATED: The value of Norway's currency, the krone, fell once again at the end of the country's long Easter holiday. The latest decline came on Monday, when financial markets remained open in most of the rest of the world ..read more
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New car sales crash
NewsInEnglish.no » Business
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3w ago
Sales of new cars in Norway last month were down 50 percent from March of last year, sinking to their lowest level in 15 years.  Only 9,750 new cars were registered nationwide, down from around 19,000 in March 2023. "New ..read more
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Labour union leader claims ‘big victory’
NewsInEnglish.no » Business
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3w ago
After months of heated debate over record-high executive compensation and an unwillingness to share company profits with workers, Norwegian union leaders have been fighting back. They scored what's being called "a big victory" on Sunday, after industrial employers finally ..read more
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Sharper ‘exit tax’ draws both praise and complaints
NewsInEnglish.no » Business
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1M ago
Norway's left-center government is trying to crack down on wealthy Norwegians who move abroad mostly to avoid the country's controversial annual tax on net worth. Anyone relocating to Switzerland or other countries with a lower tax burden will now ..read more
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Housing market waits for rate relief
NewsInEnglish.no » Business
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1M ago
Homeowners trying to sell their homes may need to be even more patient, after Norway's central bank decided against lowering interest rates any time soon. Most economists think rates have topped out, but rate relief isn't expected until the ..read more
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New trade deal with India draws cheers
NewsInEnglish.no » Business
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1M ago
Norway's national employers' organization NHO was jubilant after the government announced a new trade deal with India over the weekend. It will mostly eliminate customs duty on Norwegian exports over the next five to nine years. India will also ..read more
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Inflation down but outlook unclear
NewsInEnglish.no » Business
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1M ago
Economists have been speculating for weeks over whether interest rates will rise or fall during the next several months. Norway's inflation rate has eased, but it remains more than twice what the central bank wants and the krone is ..read more
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‘Housing market is back,’ maybe
NewsInEnglish.no » Business
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2M ago
Real estate market analysts were surprised when new figures for January home sales showed an unusually high rise in average prices. That sparked new optimism, but the number of actual sales declined. The nationwide average for prices was up 3.4 ..read more
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