Norway

Norway plans record welfare withdrawal

Norway planned a record 550 billion-kroner withdrawal from its sovereign wealth fund to bolster welfare next year, while forecasting 521 billion kroner in oil and gas revenues.

Norway plans record welfare withdrawal
5m
Germany extends EV tax exemption

Germany's cabinet extended the motor-vehicle tax exemption for electric cars by five years, while Norwegian proposals would raise car taxes and cut EV VAT relief, local media said.

Germany extends EV tax exemption
6m