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Thursday, June 18, 2026

Tag: economy

Paying the price for state budget drama

NEWS ANALYSIS: Criticism flew, the main players including Finance Minister Siv Jensen fought off exhaustion, the government coalition was arguably weakened and lots of Norway's oil...

Building boom may lower housing prices

There were signs of it already, when Norway's national real estate association revealed its latest batch of sales statistics on Monday: Even though housing...

Norway’s new reality sets in

NEWS ANALYSIS: As government leaders scurried from one state budget crisis meeting to another heading into the weekend, Norway's oil- and oil-related companies have...

Offshore crisis due to worsen

One of Norway's deeply troubled offshore firms, Havila Shipping, managed to avoid being put into bankruptcy on Monday, but the crisis in the offshore...

Debt levels soar as shoppers roared

Norwegian shoppers literally roared their way into the annual Christmas shopping season (julehandel) at "Black Friday" sales heading into the weekend, just as more reports emerged of high...

Krone weakens on lower oil prices

Norway's currency, the krone, has weakened considerably against the US dollar in the past several days. Analysts mostly blame lower oil prices, but one...

Markets fall, then rise on Trump’s win

Oil prices and the Oslo Stock Exchange both fell quickly after real estate investor and showman Donald J Trump emerged as the new US...

Farmers ready to fight trade pact

Norway's powerful farmers' lobby was out in force this week when the Norwegian Institute of International Affairs (NUPI) presented its analysis of how a Transatlantic...

Oil price concerns marred anniversary

Just as Norway's elite were gathering on Thursday to celebrate the 5oth anniversary of the country's oil industry comes warnings of a new oil price...

No change in central bank’s key rate, krone slightly stronger

The executive board of Norway's central bank (Norges Bank) has once again opted to keep its so-called "key policy rate" unchanged at 0.5 percent. The...
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