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Saturday, June 6, 2026

Tag: economy

Quarrel arises over extent of oil ‘crisis’

NEWS ANALYSIS: As the consequences of lower oil prices seep into Norway's economy, industry leaders and the government are quarreling over whether the country now...

Rate cut aimed at boosting growth

The board of Norway's central bank finally acted on its plans to lower interest rates before the summer holidays set in, noting that wage growth...

Another oil firm slashes 1,500 jobs

It's been a bad week so far in the Norwegian oil industry, with at least 3,000 more jobs disappearing as low oil prices force...

More job cuts loom at Statoil

Norwegian state oil company Statoil faces more dark days ahead, with newspaper Dagens Næringsliv (DN) reporting that another 2,000 jobs are about to be...

Teens tote designer bags as debt soars

One in 10 teenagers in Norway has an expensive designer handbag that they've received as a gift from affluent parents, reported newspaper Dagens Næringsliv...

Fewer Norwegians save their money

A new survey reports that 10 percent of the Norwegian population never puts portions of their income into savings accounts, but that men save more...

Huge new contract pumps up industry

The latest contract awarded for work on Norway's huge new Johan Sverdrup oil field in the North Sea cheered the offshore industry on Monday, along...

Advice for uncertain expats facing change

As Norway's economy shifts from the robust days of the oil boom to a new reality with lower oil prices and industry slowdown, both Norwegian...

Housing prices flatten out

After years of soaring real estate prices in Norway, especially in Oslo and Stavanger, it finally was a little less expensive to buy a home...

Fewer cruiseships call at Oslo

Higher fuel taxes plus high port pilot- and security fees in Oslo have resulted in a marked decline in the number of cruiseships visiting the...
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