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elections

Norway's Biannual Address on EU Policy

Summary: The biannual address to the Storting outlines Norway’s foreign and European policy priorities in light of current geopolitical changes. Key themes include: - Core national interests: security, economic security, and vitality of welfare, all requiring close cooperation with the EU and European countries due to Norway’s integration via the EEA/Schengen framework. - Emphasis on an active European policy to safeguard national interests, recognizing that the EU and its in

2026-05-24
security

Norway Boosts Defence Plan by NOK 115 Billion

Norway’s government announces a significant boost to the Long-term Defence Plan (LTP) for 2025–2036, adding 115 billion NOK (with 31 billion NOK to be provided by 2030) and extending the planning horizon to 2040. Key points: - Rationale: In response to a growing, more unstable security environment and NATO’s increased requirements, including impacts from the Russia-Ukraine conflict and global security shifts. - Priorities: Accelerated investments in submarines and frigates, f

2026-05-24
economy

Norway's Economic Stability Amid Global Turb

Summary tailored to your query (Norway’s foreign policy, diplomacy, elections, economy, security): - Economy and finances: The Revised National Budget 2026 aims to safeguard people’s finances and Norway’s strong economic foundation amid global uncertainty. Net budget impact: 579 billion NOK in fund revenue, 4.9 billion NOK less than the adopted budget. Overall budget program estimated to have a neutral effect on the economy. Key measures include: increasing electricity suppo

2026-05-24
economy

Securing the economy, society and country

Summary: - Norway’s 2026 National Budget aims for responsible economic management while supporting security and defense. - Economy: proposed tax relief (over NOK 4 billion) via higher personal allowances and reduced National Insurance; overall positive outlook with lower inflation and rising purchasing power; total budget spending around NOK 579 billion (about 2.8% of GPFG value). - Country security: increased defence spending to 3.4% of GDP in 2026; multi-year effort to stre

2026-05-24
security

Norway's Oil Strategy and Ukraine Support

Norway is actively shaping a Western-led response to global turmoil by combining strong support for Ukraine with a proactive defense and energy strategy. Key points: - Ukraine and Russia: Prime Minister Jonas Gahr Støre and finance minister Jens Stoltenberg are among Europe’s vocal critics of Russia, staunchly supporting Ukraine and coordinating with EU partners. Norway emphasizes Ukraine’s defense as critical for European democracy and security. - Energy strategy: In respon

2026-05-24