Tag: economy

Surprise rate cut cheers borrowers but weakens their ‘krone’

Norway's central bank shocked economists and cheered borrowers on Thursday when it cut interest rates for the first time in five years. It was...

‘Extraordinary’ housing price growth slows as interest rates stay high

Norway's central bank is once again keeping its key interest rate unchanged at a relatively high 4.5 percent, just days after real estate brokers...

Norway caught in Trump’s trade war

The Oslo Stock Exchange tumbled, salmon exporters were reeling and Norway's prime minister called it "very bad news" after US President Donald Trump confirmed...

Bank of Norway disappoints borrowers

After months of raising hopes that Norway's relatively high interest rates would finally be cut, the country's central bank ended up disappointing millions of...

Inflation jumps, markets shiver

So much for recent reports that Norwegians were feeling better about their household finances: Now comes news that prices are rising again by more...

Economists urge and defend use of Norway’s Oil Fund to support Ukraine

No less than 47 prominent Norwegian economists, analysts and professors are calling on Parliament and the government to use Norway's role as an "economic...

More receiving welfare aid in Norway

The number of people living in Norway who received state welfare aid last year was up 15 percent over the year before. The actual...

Interest rates due to decline in March

Norway's central bank opted once again to keep its key policy rate unchanged at 4.5 percent on Thursday, but borrowers can expect some relief...

US politics can extend Norway’s oil age

New political signals from the US can have a major impact on Norway's economy over the next four years with Donald Trump back in...

Employers lost sick pay debate

Norway has what's widely viewed as the best sick-pay provisions in the world, along with the highest absentee rate from school and work. Questions...
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