Tag: economy

Norway braces for Trump

Norwegian Prime Minister Jonas Gahr Støre hosted a closed-door summit with eight leaders of Norway's biggest companies this week, as they all braced for...

Housing affordability set to improve

A combination of stable and probably lower interest rates next year, along with a looming reduction in capital demands for first-time homebuyers, is likely...

Norges Bank keeps interest rates stable

The monetary policy committee at Norway's central bank (Norges Bank) has decided once again to keep its policy rate unchanged at 4.5 percent. It's now...

Government accused of ‘budget bluff’

The fallout continues after Norway's finance minister, Trygve Slagsvold Vedum, formally presented the government's state budget proposal for next year. He and Labour Prime...

Cash cleared for a comeback

UPDATED: Shops, restaurants, hair salons, cinemas and other retail establishments in Norway had to start accepting cash as payment for goods and services again...

Still no interest rate relief in Norway

Many other countries have been lowering interest rates, but Norway's central bank has decided to buck the trend once again. Its policy rate was...

Inflation rate lands at 2.6 percent

Norway's state statistics bureau SSB reported Tuesday that prices in general are up 2.6 percent since September last year. Food prices, meanwhile, have risen...

‘Weak krone can be good for the economy’

Norway's weak currency, the krone, has made it much more expensive for Norwegians to travel abroad and boosted the price of imports. The chief...

No change in interest rates, for now

Norway's central bank (Norges Bank) announced on Thursday that it had decided keep its policy rate unchanged at 4.5 percent, and that it's likely...

Norwegians bemoan weak kroner

It's been costing Norwegians more than 14 of their kroner to buy just one British pound this week, more than NOK 12 to buy...
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