Solberg backs joint Brexit talks with UK

Prime Minister Erna Solberg says she’s keen to cooperate with her partners in the European Economic Area (EEA/EØS), Iceland and Liechtenstein, to jointly negotiate a new trade and policy pact with the UK. The three EEA members met in Oslo on the first working day after the UK formally withdrew from the EU, and therefore the EEA […]

Norway, UK sign own Brexit deal

Norwegian Foreign Minister Ine Eriksen Søreide signed Norway’s own “Brexit agreement” with the UK in London Tuesday afternoon. It’s aimed at securing existing rights for Norwegian and British citizens in each other’s country after the UK leaves the European Union at midnight on Friday. Søreide claimed there “will be no changes in the relation between our […]

Norwegians and Swedes face off

Rivalry and friendship between Norwegians and Swedes extends back over the centuries, but recently their embassies in Stockholm and Oslo got curious: What do they really think about one another today? Surveys were launched and the latest batch of results suggests a lack of insight into just how important bilateral relations are. Newspaper Aftenposten reports […]

Solberg optimistic after British vote

Prime Minister Erna Solberg was quick to congratulate her British counterpart Boris Johnson, after his Conservative Party’s landslide victory in Thursday’s general election. She thinks, like many others, that it will lead to more “predictability” after years of uncertainty, but others aren’t so sure. “When the Conservatives have now gained a majority (in the British […]

Norway braces for new Brexit chaos

This week’s Brexit drama is once again being followed anxiously in Norway, which struggled with its own EU referendum results in 1994. Now Great Britain is Norway’s single biggest trading partner, and Norwegian seafood exporters in particular don’t want, for example, to see their fish rot in any long lines at customs if the UK […]

Weak ‘krone’ may get even weaker

After more than a week of trading at around NOK 9 to the US dollar, Norway’s biggest bank is predicting that the country’s currency may lose even more value. DNB Markets thinks it will cost NOK 10.20 to buy a euro around Christmastime. The investment banking arm of Oslo-based DNB wrote in its latest economic […]

Brazilian free trade deal ignites fury

The timing could hardly have been worse, or even more internationally and politically embarrassing for the Norwegian government: As fires raged in the Amazon, and just a week after Norway withheld funds because of Brazil’s alleged violations of rain forest preservation, Norway and its fellow members of the European Economic Area have entered into a […]

SSB confirms lower economic prospects

International trade tension and higher interest rates are likely to put a damper on economic activity in Norway, according to state statistics bureau SSB (Statistics Norway). “We have clearly lowered our prognoser,” said SSB researcher Thomas von Brasch after presenting SSB’s latest economic analysis last week. It confirms the concerns of several other analysts and […]

Brexit uncertainty keeps on growing

Norwegian students are the latest group to be warned about the consequences of Brexit.  While businesses and British expats in Norway have been worrying for months, a government minister is flat out advising Norwegian students against beginning any foreign exchange- or other study programs in the UK this fall. “There’s so much uncertainty because of […]

Storm builds around Norway’s EU deal

Complaints from some of Norway’s biggest labour organizations, combined with no small dose of Norwegian populism, have been fueling dissatisfaction over Norway’s trade deal with the EU. Debate has been fueled by both uncertainty over Brexit and new questions over whether Norway should simply join the EU after all, and thus gain a stronger voice […]