Norway's finance minister resigns amid tax evasion probe
Trond Giske, Norway's finance minister, has resigned amid an investigation into whether he failed to pay taxes on income from a property he owns in London.
Giske, a member of the Labour Party, has denied any wrongdoing. However, he said he was resigning to avoid damaging the government.
The investigation into Giske's tax affairs was launched after Norwegian media reported that he had not paid taxes on rental income from the property in London for several years.
Giske has said that he was not aware of the tax liability and that he has since paid the taxes in full.
However, the investigation is ongoing, and Giske could face criminal charges if he is found to have deliberately evaded taxes.
Giske's resignation is a blow to the Labour Party, which has been in power in Norway since 2005.
The party is already facing a number of challenges, including the rising cost of living and the war in Ukraine.
Giske's resignation is likely to further damage the party's reputation and could make it more difficult for the Labour Party to win the next election.
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