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Norwegian Government Proposes New Measures to Tackle the COVID-19 Pandemic

01 February 2021

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Proposed Changes

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Norway

On 29 January 2021, the Norwegian government announced proposals for new financial measures to tackle the COVID-19 pandemic. According to the announcement, some of the most important proposals include the following: The compensation scheme for businesses that have experienced a dramatic fall in turnover will be extended until the end of June; Increased allocation to municipalities to compensate local businesses particularly hard hit by the infection control measures, including that the funds can also be used as an application-based grant scheme for businesses that, in whole or in part, fall outside the framework of the general compensation scheme; The development...