The Ministry of Foreign Affairs is considering closing down the untied mixed credit scheme in Norwegian aid, an idea originally proposed in a report by the consultant Econ Pöyry. Stakeholders strongly object.

In a hearing round, the Norwegian guarantee institute GIEK points to several weaknesses in the report and says it does not provide a sufficient basis for making changes in the private sector schemes.

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Danish firms risk confiscation of past profits from Iraq

The Danish Chief Prosecutor is considering whether the profits earned by 17 Danish firms on illegal contracts with the Saddam Hussein regime through the UN Oil for Food Programme in Iraq can be confiscated.

Uncertain future for Norway's untied mixed credit

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