Tag: economy

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...

Crises force changes in foreign policy

NEWS ANALYSIS: Foreign Minister Børge Brende got right to the point when he recently delivered the government's annual foreign policy address to the Norwegian...

Solberg calls in political troops

UPDATED: After a friendly dinner at her residence Monday night, Prime Minister Erna Solberg gathered the leaders of the parties supporting her minority government...

Harder times don’t halt holidays

Norwegians aren't letting an economic downturn get in the way of their summer holidays. New figures from employers' association Virke, which has many members in...

Unions brace for lower pay growth

Norway's most powerful unions were gathering Tuesday to agree on their demands for collective bargaining this spring, amidst reports that wage growth in the country has...

‘Winter is coming,’ warns bank chief

Norway's central bank chief Øystein Olsen engaged in what one local commentator dubbed as his own "Game of Krones" on Thursday evening, when he...

Lawyers accused of hiking their fees

Some major law firms in Oslo reportedly have raised their fees to as much as NOK 5,200 (USD 611) per hour since New Year,...
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