Tag: economy

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...

More Corona aid for a ‘fragile’ economy

NEWS ANALYSIS: Government ministers handed out more packages of Corona crisis aid this week, in an effort to avoid bankruptcies and preserve jobs. The...

‘Krone’ sinks along with oil business

Norway's currency has weakened once again this week, in line with the North Sea oil price that still fuels the country's economy. What's more...

More companies report heavy losses

Norwegian newspapers are suddenly full of stories about losses being posted by local companies in the second quarter and first half of the year....

Historic dive in industrial production

Norwegian industrial production continued to fall during the second quarter, down 5.6 percent compared to the same quarter last year. State statistics bureau SSB...

‘Krone’ strengthens amid Corona chaos

Norway's krone was trading at less than NOK 9 against the US dollar on Thursday, its strongest level since January. Currency analysts linked the...

Wind power set to blow less fiercely

The Norwegian government is proposing what it calls an "historic tightening" of regulations around wind power projects on land. The goal is to reduce...
1...131415...88Page 14 of 88

FOR THE RECORD

MOST READ THIS WEEK

CURRENCY RATES
For up-to-date info on exchange rates and currency news, Newsinenglish.no recommends ExchangeRates.org.uk - Exchange Rates UK
For more news on Arctic developments.