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Wednesday, June 17, 2026

Tag: economy

Storm hit region already suffering

The storm and flooding that severely damaged wide areas of southwestern Norway over the weekend hit a region already swamped by job losses and financial...

Unions warn of new labour ‘underclass’

As Norway's unemployment rate rises, labour union leaders are warning that the arrival of thousands of refugees who also need jobs can create a new...

Expats hit again as jobless rate rises

The numbers of people without jobs in Norway continue to rise, with state welfare agency NAV reporting another increase in those registering themselves as...

Mining company declares bankruptcy

As many as 400 people lost their jobs in Norway's northernmost county of Finnmark on Wednesday, after Sydvaranger Gruve AS announced that it was filing...

Budget battle turns tougher than ever

It's been called the most "explosive political drama" to play out in Prime Minister Erna Solberg's government yet. A series of unsuccessful meetings this...

Norges Bank: ‘No interest rate cut’

The executive board of Norway's central bank, Norges Bank, has decided against another cut in its key lending rate, at least for now. Despite...

Krone sinks to new low against the dollar

Norway's currency, the krone, sunk to a new low against the US dollar on Wednesday afternoon. At around 4:30pm, it was costing NOK 8.60...

Still ‘no crisis’ as more jobs vanish

A new analysis of Norway's job market warns that as many as 200,000 full-time jobs may disappear over the next five years because of the...

More than 100 supply ships laid up

Another six offshore supply ships have been tied up by their Norwegian companies for the foreseeable future, bringing the total number of vessels laid...

Tougher welfare rules put youth to work

Norway's state welfare agency NAV is seeing some positive results from its current process of toughening rules for obtaining benefits. Demands that young welfare recipients...
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