Tag: economy

State aims to aid Corona-hit business

Prime Minister Erna Solberg made it clear on Tuesday that "job number-one is to hinder the spread of the Corona virus" in Norway. Next...

Spirits rose, then fell along with market

UPDATED: Gloom and doom headlines about Monday's spectacular stock market dive in Oslo turned more optimistic on Tuesday, as Norway's all-important oil price rose...

Norway caught in the oil price collapse

Norwegian analysts, economists, state officials and not least business leaders were bracing for the worst after oil prices collapsed over the weekend. With the...

Stock market recovers some losses

The Oslo Stock Exchange (OSE) opened the week much better than last week, with share prices up from the start instead of diving on...

Corona costs hit Norway hard

NEWS ANALYSIS: Some analysts and portfolio managers were dismissing the Oslo Stock Exchange's dive this week as just "a correction," but with Norway's most...

Norway is ‘not as rich as it thinks’

Norway's central bank chief made some economically sobering remarks in his closely watched annual address to the country's elite Thursday evening. Even though the...

No new rise in interest rates

Norway's central bank handed out an early holiday gift to borrowers on Thursday, when it confirmed that its executive board had opted against another...

‘Much lower growth’ in oil investments

The chief economist for the Norwegian national employers' organization NHO is the latest to issue a sobering outlook that may only cheer anti-oil climate...

Economic upturn will ‘soon be over’

Norway's currency remains historically weak, the housing market has cooled off,  concerns are rising about the future of the oil industry and investments are...

Household debt continues to rise

Norway's financial authority (Finanstilsynet) is worried about new figures showing how Norwegians' household debt remains high and keeps rising. The most vulnerable are both...

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