Tag: economy

Central bank buys even weaker kroner

A decision by Norway's central bank to buy more of the country's own currency has raised some eyebrows. An analyst at Norway's biggest bank...

Bærum ranks highest in median pay

Residents of Bærum, the affluent suburban area west of Oslo, have Norway's highest median monthly pay of NOK 49,200 (USD 5,466). Asker (west of...

‘United front’ as budget talks begin

After weeks of political turmoil and even speculation that her government might fall, Prime Minister Erna Solberg pulled her troops together once again on...

Weak ‘krone’ may get even weaker

After more than a week of trading at around NOK 9 to the US dollar, Norway's biggest bank is predicting that the country's currency...

Interest rates steady, shares recover

The executive board of Norway's central bank kept its key policy rate unchanged at 1.25 percent on Thursday. The Oslo Stock Exchange, meanwhile, seemed...

Krone weakens on Trump’s trade war

The value of Norway's currency, the krone, fell again during the night to its weakest level against the US dollar in more than three...

Summer holiday budgets trimmed

Norwegians aren't spending quite as much on their summer holidays this year. A recent survey shows a 6 percent decline on average as compared...

Central bank raises interest rates

Interest rates rose another quarter-point on Thursday, after Norway's central bank decided that it was time to gently step on the country's economic brakes....

SSB confirms lower economic prospects

International trade tension and higher interest rates are likely to put a damper on economic activity in Norway, according to state statistics bureau SSB...

Debt adds to the oil dependency threat

NEWS ANALYSIS: Norway's dependency on its oil and gas industry isn't the only thing threatening the economy. After a week of falling oil prices,...
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