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Thursday, June 18, 2026

Tag: economy

Political reaction muted in Norway

NEWS ANALYSIS: Norwegian politicians were mostly regretting British voters' decision to leave the European Union (EU) but reaction was muted and cautious, not least...

Pending FMC layoffs lead to calls for an ambulance

Around 500 employees at FMC Kongsberg Subsea are being warned of possible layoffs this month. Some of them reportedly are taking the news so hard that...

Norway’s anti-EU camp cheers Brexit

While most Norwegian government ministers were hoping Britain remains in the EU, those leading Norway's Nei til EU (No to the EU) movement were cheering...

‘We’re used to others deciding’

Norwegian Prime Minister Erna Solberg, who's long wanted Norway to join the European Union (EU) and thus have a say in forming its policy, was...

Key interest rate kept low and steady

Central bank boss Øystein Olsen capped off weeks of celebrating Norges Bank's bicentennial by announcing Thursday that its executive board had decided to keep...

Hundreds more set to lose their jobs

Subsea 7, the Norwegian-owned offshore firm that specializes in underwater seabed-to-surface engineering and construction services, is poised to lay off another 1,200 employees. The...

Strike averted in offshore sector

Oil drilling and other offshore operations could continue as usual on Wednesday after employers and unions representing their employees struck a new collective bargaining...

Norway caught in the Brexit debate

NEWS ANALYSIS: As campaign hype reaches fever pitch ahead of Britain's vote on EU membership on Thursday, Norway has found itself used and abused by both...

‘Brexit’ could hurt Norway’s currency

Financial analysts in Oslo warn that a British vote in favour of leaving the European Union (EU) may weaken not just Britain's currency but Norway's...

Birthday bash for the nation’s bank

It's been 200 years since Norway, armed with a new constitution and determined to be its own sovereign nation, managed to win approval for the creation...
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