Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure NO-2022-14/2267 – measures in Norway
, applies regionally
|Time period||Temporary, 01 April 2022 – 31 December 2022|
|Context||War in Ukraine|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Access to finance
|Author||Aasmund Arup Seip, FAFO and Eurofound|
|Measure added||13 May 2022 (updated 13 June 2023)|
The war in Ukraine and the sanctions against Russia has caused problems for businesses trading with Russia. On 18 March 2022, the Government presented crisis measures for the business community in East Finnmark. Troms og Finnmark county in the north of Norway that borders Russia. Russia's warfare in Ukraine and the accompanying sanctions have created uncertainty for the business community in East Finnmark. The scope of Norwegian companies' trade with Russia is limited, but some companies, especially in East Finnmark, can be hit hard by the sanctions. The government regards settlement and activities in East Finnmark as important for the region and for Norwegian security policy. The government has proposed two measures to help with the situation.
The crisis measures aimed at supporting business in East Finnmark consists of two measures:
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
Social partners' role in the implementation, monitoring and assessment phase:
There is no information on social partners direct involvement in the creation of the measures, but both the local business community and the local unions voiced a need for public measures to protect employment. On 7 April the head of Norwegian Confederation of Trade Unions (LO), Peggy Hessen Følsvik, said that feedback from the community in Kirkenes was useful to the dialog LO has with the government. “My impression is that the government has so far listened to both us and the business actors who have been affected and has been quickly on deck with several crisis packages”, she said.
The social partners are supportive of the measure. However, some local companies find the proposed measures not to cover their needs. A shipyard repairing Russian ships can not receive payment due to halted money transfer. A wage compensation scheme or a payment guarantee would make it easier to secure employment, the CFO at the shipyard argued.
Eurofound (2022), Crisis measures for the business community in East Finnmark, measure NO-2022-14/2267 (measures in Norway), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/NO-2022-14_2267.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.