Tag: economy

New NHO boss for Norway’s employers

Ole Erik Almlid is formally taking over as chief executive of Norway's powerful national employers' organization NHO (Næringslivets Hovedorganisation). The former journalist and editor...

Economists relieved as rates stay low

Economists had warned against any increase in Norwegian interest rates right now, and the country's central bank may well have taken note. Its governor...

Housing prices keep sliding

Norway's real estate brokers' organization (Eiendom Norge) reported another price decline in the housing market on Wednesday, with figures showing prices to be down...

‘Krone’ weakens on a lower oil price

It cost more than NOK 8.60 to buy one US dollar on Tuesday, after the Norwegian currency weakened once again. Low oil prices are...

Innovation chief cleared, but quits

Anita Krohn Traaseth has been cleared of wrongdoing in her job as chief of state development agency Innovation Norway. She nonetheless decided to quit...

‘Krone’ weakens as oil prices fall

Norway's krone has been losing value again this week, after oil prices sunk back to where they were last spring. It cost just over...

Oil Fund battered but still booming

NEWS ANALYSIS: Norway's huge state pension fund known as the "Oil Fund" was back in the news this week, most recently for earning another...

‘Wealthy’ Norway to pay poor pensions

Norway, the country with one of the world's largest pension funds, actually ranks low in terms of pension income that workers in the private...

Norway sues US over ‘illegal’ import tax

It's highly unusual for allied nations to sue one another, but Norway is joining the European Union (EU) in filing a legal complaint against...

More new currency notes set to sail

Norway's central bank is due to formally launch its new 500- and 50-kroner notes into circulation on Thursday. The new bills, issued in order...
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