Tag: economy

Norway’s cash under more pressure

Even though Norwegian merchants are once again obligated to accept cash, another krone note is in danger of being pulled off the market. Norway's...

Norway’s krone strengthens as US dollar sinks amidst Oil Fund debate

Norway's krone strengthed against the US dollar again on Tuesday, after ongoing concern over the US' unpredictable president. Norwegians woke up to their strongest...

Norwegian interest rates unchanged

Norway's central bank kept its key policy rate unchanged at 4 percent on Thursday, and it's likely to stay there for awhile. Norges Bank...

No interest rate relief yet

Depositors could breathe a sigh of relief, while borrowers didn't get any early Christmas gift from Norway's central bank on Thursday. Its monetary policy...

Norway stung by new EU tariff

NEWS ANALYSIS: Norwegians may want to reconsider their longtime opposition to EU membership. On Tuesday it suddenly became more risky and expensive to remain...

Interest rates stable, for now

Borrowers had hoped for an interest rate decline on Thursday, but Norway's central bank opted against making any changes in its policy rate. It...

Major issues arise as Norwegian economy nears a turning point

NEWS ANALYSIS: Debate is underway in Norway's Parliament over the government's proposed state budget, and how it will affect the lives of all Norwegians....

Stoltenberg on the defense over his state budget proposal

Norway's Finance Minister Jens Stoltenberg learned a lot about defense during his 10 years at NATO. That can come in handy over the next...

Interest rates fall in strong economy

Norway's strong economy didn't keep its central bank from lowering interest rates again on Thursday. The board ignored economists' predictions that no rate cut...

More layoffs at large Norwegian companies

Norway's biggest and highly profitable bank, DNB, is cutting another 100 positions, just a year after it cut 500 full-time-equivalent jobs. The losses come...
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