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Wednesday, June 17, 2026

Tag: economy

Real estate pros predict price hike

There's widespread agreement among analysts, real estate brokers and economists that Norway's already-high housing prices will jump again, on the back of record-low interest rates. Amidst...

Key rate cut to fend off recession

Norges Bank's decision on Thursday to cut its "key policy rate" by another quarter point is aimed at stimulating economic growth and warding off recession,...

LO boss: ‘Norway is now in crisis’

The boss of trade union confederation LO, Gerd Kristiansen, is among those now claiming that Norway's economy is in crisis because of rising unemployment....

One US dollar may soon cost NOK 10

Even though oil prices have been creeping upwards and Norway's krone has strengthened a bit, at least one currency exchange strategist thinks the recovery...

Another 600 lose jobs at Aker Solutions

The low level of investment and activity in the oil and gas sector has prompted offshore company Aker Solutions to lay off another 600...

Statoil resorts to more severance offers

Norwegian state oil company hasn't managed to encourage enough people to quit, as it continues efforts to cut staffing and costs in the midst...

Budget talks start with uncertainty

Prime Minister Erna Solberg has gathered all her government coalition's ministers this week for the first major round of negotiations over next year's state...

Foreign investors snap up property

Drawn by a much weaker krone and a strong real estate market, foreign investors bought up around NOK 50 billion (nearly USD 6 billion)...

Experts split over oil price damage

Norwegian business leaders and economic forecasters are split over whether the ill effects of low oil prices are now spreading nationwide. Some think the "oil...

Consultant: Oil prices may soar

After months of doom and gloom in the oil industry, at least one top Norwegian consultant is upbeat and urging others to be so...
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