Norwegian ends its long-haul service

Norwegian Air confirmed on Thursday that it’s dropping its intercontinental long-haul routes and will instead concentrate on flights in the Nordic region. Around 2,000 employees are losing their jobs. The airline, which began with shuttle service on Norway’s West Coast and then evolved into first a domestic- and then European carrier, is already in the […]

Imported infection now biggest threat

Local officials around Norway are sounding alarms over surprisingly high numbers of Norwegians who’ve been out traveling in recent weeks, and brought Corona virus infection home with them. Thousands of foreign workers and NATO soldiers are now arriving, too, prompting one doctor to call the influx “absolutely crazy.” More Norwegians are getting tested than ever […]

Housing sales and prices set records

Even in the midst of the Corona crisis, or perhaps because of it, Norwegians bought and sold homes at levels that set new records for both prices and sales volume last year. Never before have so many residences changed hands, even in the usually quiet month of December. Year-end figures from the national real estate […]

Corona aid extended well into 2021

The Norwegian government, under pressure from Parliament, has decided to extend both state-financed unemployment benefits and compensation for business losses caused by Corona containment measures. All workers currently laid off will now be assured financial assistance at least until July 1. That announcement came Monday, after opposition parties in Parliament had demanded that the roughly […]

‘Master plan’ for climate draws flak

The Norwegian government rolled out its new “master plan” for meeting climate goals on Friday, just a day after state meteorologists confirmed that last year was Norway’s warmest ever. The plan for cutting the emissions blamed for climate change met an immediate storm of criticism, but also some praise. Opposition parties complained that the government’s […]

Oslo and Bergen can ban fossil-fueled cars

City officials in Oslo and Bergen are planning to make life even more difficult for motorists without electric cars. They’ve won state approval to ban cars fueled by gasoline or diesel in certain neighbourhoods and, by 2030, everywhere within the city limits. It’s the latest extreme political initiative in the drive to make Oslo and […]

Oil ministry scolded over Equinor

Norway’s State Auditor General (Riksrevisjonen) has concluded that the government has done a poor job following up on its large ownership stake in state oil company Equinor. The oil ministry failed, according to state auditors, to make enough demands for information regarding Equinor’s deeply troubled international operations. Equinor has been in trouble for months over […]

Arctic oil prevails over ‘The People’

Norway’s Supreme Court (Høyesterett) ruled in favour of the state on Tuesday in a long-running landmark case billed as pitting “The People vs Arctic Oil.” In this case, the state was not “The People” but instead the government-approved Arctic oil operations that once again won over Norwegians’ alleged constitutional rights to a healthy environment. It marked […]

State challenges powerful grocers

Debate has swirled for years over why grocery store prices are so much higher in Norway than most anywhere else. After lots of studies and investigations, the Norwegian Competition Authority mounted an offensive strike this week against the country’s three major grocery store chains, but with massive fines for allegedly illegal pricing cooperation that surprised and […]

Interest rates remain at 0%

Norway’s central bank decided on Thursday to keep its key policy rate at its record low of 0.0 percent, but noted that interest rates may rise sooner than previously predicted after vaccination programs get underway. The country’s currency, meanwhile, was ending the week much stronger than when it began. Norges Bank Governor Øystein Olsen thinks […]