Search Results for: Norway
Norway data protection authority temporarily bans use of coronavirus tracking app
June 23rd, 2020
Norway’s data inspectorate has banned the use of a public health application to control the spread of COVID-19 over data protection concerns. The application Smittestopp “collects large amounts of personal information about those who use the app, including continuous ...
Closer Than Canada, Bigger Than Norway: The Optimism of UK Brexit Minister
November 24th, 2017
Brexit minister David Davis told a conference of business leaders that the UK is prepared for “no deal” with the European Union. David Davis, the UK’s Secretary of State for Exiting the European Union, on Tuesday, November 21, said ...
EU, Norway Initial VAT Cooperation Agreement
June 2nd, 2017
The European Commission has announced the initialling of an agreement with Norway on value-added tax (VAT), covering administrative cooperation, recovery assistance, and anti-fraud activity. Negotiations on the agreement were launched in June 2015. The Commission said that once the ...
European Union and Norway agree on free trade of agricultural products
April 11th, 2017
The European Union and Norway came to an agreement which will facilitate bilateral trade in agricultural products, allowing EU exporters to reinforce their position on their 8th largest export market for agricultural products. Commissioner for agriculture, Phil Hogan, today ...
Norway Reaffirms Corporate Tax Cut Pledge
April 13th, 2016
Norwegian Finance Minister Siv Jensen has said that Norway’s corporate tax is too high and should be reduced as part of a wider package of measures designed to boost economic growth. Jensen told the Norwegian Shipowners’ Association annual conference ...
Norway Plans Zero VAT Rate For Digital News
October 27th, 2015
The Norwegian Government has announced that it will levy a zero percent rate of value-added tax (VAT) on digital news, to level the industry playing field. The rate will be installed in 2016 at a cost of NOK350m (USD41.8m) ...
Currency Traders Stuck in Norway as Volatility Whipsaws Market
June 12th, 2015
Just because a currency is from a Group of 10 nation doesn’t mean it will be easy to sell when markets become volatile. Norway’s krone saw the biggest jump in anticipated price swings of any of its major peers ...
Norway Signals Reduction After Unexpectedly Holding Rate
March 19th, 2015
Norway’s central bank unexpectedly left interest rates unchanged and signaled another cut to protect the economy against a plunge in oil prices. The krone surged. The overnight deposit rate was kept at 1.25 percent, the Oslo-based bank said. The ...
Norway’s Krone Declines on OPEC as Dollar Falls on Growth Doubt
November 27th, 2014
The Norwegian krone dropped the most in a month against the dollar and was within 0.6 percent of a five-year low as oil ministers meet in Vienna to discuss output levels. The currency of Europe’s largest crude producer weakened ...
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
