Tag: economy

US politics can extend Norway’s oil age

New political signals from the US can have a major impact on Norway's economy over the next four years with Donald Trump back in...

Employers lost sick pay debate

Norway has what's widely viewed as the best sick-pay provisions in the world, along with the highest absentee rate from school and work. Questions...

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...

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