Tag: economy

Norway’s ‘krone’ sails strongly ahead

Norway's now-decorative currency, the krone, is getting stronger along with the country's economy. It's risen considerably against the US dollar and other key currencies...

Solberg eager to speak up at G20

Prime Minister Erna Solberg was among the leaders of countries invited to the G20 Summit in Hamburg this weekend. That gives her a chance...

‘Dramatic’ fall in real estate prices

The cost of housing is still high in Norway, but brokers report another decline in prices for the month of June that's been described...

Winds of fortune blow from the north

More record growth in its fishing and tourism industries, along with more looming oil and gas activity, have made Northern Norway the country's current...

Housing prices fall more than expected

The latest statistics for housing sales in Norway show that prices have indeed tumbled during the past month. In Oslo, the price fall was...

Norwegian women have fewer babies

Norway has long prided itself on having generous maternity and paternity leave and other social welfare programs aimed at encouraging population growth. Fresh statistics,...

Oil price collapse ‘is now behind us’

An optimistic Norwegian government presented a revised state budget on Thursday that proposes few changes in the annual budget for 2017 that was approved in December....

Prudence prevails in use of Oil Fund

Even though Finance Minister Siv Jensen has tapped into more of Norway's oil revenues than any of her predecessors, to pad the state budget, the...

No change in rates despite weak krone

Norway's central bank (Norges Bank) decided to keep its key policy rate unchanged at 0.5 percent on Thursday, even though the Norwegian krone has...

DNB: Economic optimism has returned

The investment banking arm of Norway's biggest bank has reported a much brighter economic outlook for the country than that described by politicians trying to...
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