Tag: economy

Seafood sales keep soaring into 2017

Norway's seafood industry, especially salmon, is starting the New Year off with even more record high prices and strong demand. Salmon prices are also...

Norway ‘rigged for an economic upturn’

Oil prices will rise, Norway's krone will regain strength, unemployment will top out and housing prices will shoot up even higher. That's the overall outlook...

No increase in interest rates

There'd been some speculation that the executive board of Norway's central bank would raise interest rates at its last meeting of the year on Thursday,...

Swedish stores ‘more exciting’

It's not just the lower prices that tempt carloads of Norwegians to cross the border and go grocery shopping in Sweden. A new study...

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...

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