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Thursday, June 18, 2026

Tag: economy

Big ONS oil bash still draws in crowds

Thousands of oil and offshore industry players are converging on Stavanger again this week for the latest Offshore Northern Seas conference (ONS). Predictions that the...

Unemployment rate rises again

Norway's unemployment rate had stopped rising earlier this year and seemed to have stabilized, but new figures from state statistics bureau SSB show that...

Brexit briefing drew a large crowd

Norway's government ministers in charge of business, trade, fisheries and EU issues drew a large crowd on Wednesday when they invited Norwegian companies to...

Pain of job losses acute in Stavanger

Two years after the oil and offshore industry seriously started slashing jobs, the sharp pain of job losses is now really striking many of those out...

Economy ‘bottoms out,’ krone to rise

Norway's biggest bank thinks the Norwegian economy has bottomed out for now, predicting some new growth ahead, less reliance on oil prices and a...

Stronger krone and higher food prices send shoppers fleeing over the border

Norway's currency, the krone, has suddenly regained strength in recent weeks and that, combined with a sharp rise in food prices at Norwegian grocery stores...

Rental rates jump with home prices

Not only are the prices for residential real estate hitting record levels in Norway, so are rental rates. After a quiet spring, rental rates...

Warnings issued over consumer loans

Collection agencies in Norway have been busy this year, with the numbers of Norwegians defaulting on high-interest consumer loans rising dramatically. Young borrowers figure...

Unemployment declined in July

Norwegian state welfare agency NAV has registered another slight deline in unemployment during the past month. The number of residents registered as wholly without...

Hurtigruten owners poised to profit

The British investment fund that bought up 90 percent of the shares in Norway's famed coastal shipping line Hurtigruten may see the value of...

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