Norway calls off unique real estate sale in Arctic Svalbard
The remote Sore Fagerfjord property in southwestern Svalbard -- 60 square kilometres (23 square miles) of mountains, plains and a glacier -- was on sale for 300 million euros ($326 million).
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A signpost and a polar bear warning sign at the Longyearbyen airport on Svalbard. (AFP via Getty Images)
NewVision Reporter
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The Norwegian government called off Monday a plan to sell the last privately owned piece of land on the strategic Arctic archipelago of Svalbard in order to prevent