This study expertly assesses the evolving relationship between Norway and the European Union, the centrepiece of which is the European Economic Area (EEA). Faced with an increasingly outdated network of relationships with the EU, Norway finds itself marginalised from policy-making and subject instead to policy-taking. This report evaluates Norway’s position in relation to the ‘future of Europe’ debate as well as a range of hypothetical options that Norway may contemplate, focusing on several key policy areas including the single market, the macroeconomic agenda, justice and home affairs, and foreign security and defence policies.