Tag: economy

Oil Fund passes ‘new milestone’

Norway's huge sovereign wealth fund known as the Oil Fund surpassed a market value of a trillion US dollars this week, at around 2am...

More economic growth expected

Nordea Markets, one of Norway's largest investment banks, has joined the ranks of those optimistic about the country's economic future and recovery from the...

More good news for Norway’s economy

There's been another rush of good economic news for Norway, just a week ahead of Monday's parliamentary elections. The crisis in Southwestern Norway that...

Debate rises over exploration support

Not only has Norway's oil exploration become a major issue in the current election campaign, so has its government's financial support for it. Norway effectively subsidizes the...

Optimism returns to ‘all’ of Norway

Finans Norge, Norway's national trade association for the banking and finance industry, released a survey on Tuesday showing that economic optimism has now returned...

High costs emerge in oil drilling debate

If Norway went along with calls from climate experts and its own Greens Party to halt all new oil exploration, the country would likely still...

Housing prices tumble again

The latest statistics for housing sales in July, released on Thursday, showed another overall decline of 1.2 percent from June. In Oslo, the decline was...

Statoil pumps up its profits once again

Norway's biggest and arguably most important company, Statoil, impressed analysts with its second-quarter results on Thursday. The company is clearly benefiting from higher oil...

Stronger ‘krone’ aids Norwegians on holiday

For the first time in nine months, it's been costing less than eight Norwegian kroner to buy one US dollar this week. The stronger...

Seafood exports break all records

Despite a decline in the export of trout, herring and shellfish, Norwegian seafood exports have never been higher than they were during the first six...
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