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Nordic Region Cashless Economy after Coronavirus
The world will be a vastly different place economically after the Coronavirus pandemic. Many more countries businesses will revert to the digitization of their payment systems as their preferred form of payment. The use of Cash, especially during the pandemic, has been falling with the main instigator being a fear of infection from handling banknotes and
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The Nordic Welfare Model: impact of the COVID19 pandemic
The global Coronavirus pandemic has seen all of the Nordic countries economies endure record slumps this year, however they have managed considerably better than most other
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Coronavirus: Norway's sovereign wealth fund suffered a historic NOK 1,171 billion loss
The world's largest sovereign wealth fund saw its portfolio, with 71% invested in stocks, severely affected by the market storm in the first quarter. This is the worst quarterly
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Coronavirus: rescue plan for Norwegian startups and small-medium businesses
In the facing of instability time for start-ups and SME businesses, the Norwegian Government announced a NOK 4.5 billion support program. The project aims to enable these
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100 billion NOK Worth of Guarantees and Loans in Crisis Support for Businesses in Norway
The Norwegian Government has proposed two new loan measures, providing support of a total of NOK 100 billion. The package will improve Norwegian Businesses’ access to the
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Electric and hybrid car insurance in Norway is getting more expensive
One of the largest insurers in Norway and Scandinavia, Gjensidige ASA, announced increases in the price of electric and hybrid car insurance. These changes are forced by frequent
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Flight Delay Compensation: Passengers will no longer have to prove that they have boarded the aircraft
The Court of Justice of the European Union believes that airline passengers arriving at their destination with a delay of more than three hours must be compensated without having
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