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Wednesday, June 17, 2026

Tag: economy

Interest rate hikes expected soon

UPDATED: Soaring residential real estate prices have sparked expectations that Norway's record-low interest rates will rise at least once if not twice later this...

Norway’s glory days may be numbered

The Corona crisis of the past year may at the very least serve as somewhat of an equalizing factor worldwide. For Norway, it's meant...

‘Uncertainty’ keeps key rate at zero

The Norwegian central bank's key policy rate, kept at 0.0 percent this week, isn't likely to rise any time soon. The Corona crisis continues...

Housing sales and prices set records

Even in the midst of the Corona crisis, or perhaps because of it, Norwegians bought and sold homes at levels that set new records...

Interest rates remain at 0%

Norway's central bank decided on Thursday to keep its key policy rate at its record low of 0.0 percent, but noted that interest rates...

Long-term jobless ‘alarmingly high’

Closed restaurants and empty streets have added to the November gloom, and sent Norway's numbers of "long-term unemployed" up nearly 72 percent so far...

Economists hail restrictions now

Several Norwegian economists have come out strongly in favour of the stricter Corona containment measures now in effect nationwide, no matter how painful they...

Stock market, oil price, krone all jump on vaccine news

The Oslo Stock Exchange joined markets all over the world in jumping on Monday afternoon, after "promising" news about the development of a Corona...

Authority wants to limit borrowing

Norway's financial authority (Finanstilsynet) wants to tighten lending requirements, part of an effort to curb the country's ever-rising debt levels. It's proposing a lower limit...

Interest rates tied to the infection rate

Norway's central bank (Norges Bank), worried about rising Corona infection rates, opted to keep its key policy rate at zero on Thursday. That prompted the country's...
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