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Saturday, June 6, 2026

Tag: economy

‘Kroner’ fell again on weak orders

It was costing nearly eight Norwegian kroner to buy one US dollar Tuesday morning, after the country's newly battered currency slumped against most others'...

Population growing even faster than expected

Norway has been attracting a lot of new residents in recent years, not least because of its strong economy, and the population of Oslo...

Analyst predicts ‘new oil age’

Finally some good news for Norway's suddenly hard-pressed oil industry: A top energy analyst told a packed conference in Stavanger this week that he...

Leasing decline reflects slowdown

Vacancy rates are rising and leasing rates falling in the commercial real estate market in and around Oslo, with experts claiming that's an early warning of...

Swedes and other job migrants head home

Figures released by state statistics bureau SSB on Tuesday confirm a major decline in labour migration to Norway during the first three months of...

Subsea 7 layoffs came despite new contract

Last Friday the Norwegian division of the offshore firm Subsea 7 won a contract worth NOK 2.2 billion (USD 300 million) for work on...

Economic slowdown hits immigrants

Fewer labour migrants from Europe are arriving in Norway, and immigrants already in the country are among the first to be losing their jobs as the country's...

More welfare in revised budget

Finance Minister Siv Jensen was offering more state funding for social welfare programs as she rolled out the government's revised state budget on Tuesday. The extra money was widely...

Central bank defies predictions again

The board of Norway's central bank once again defied the predictions of economists and analysts by refusing on Thursday to further reduce its already record-low key...

Unemployment jumps on oil job losses

Norway's unemployment rate has been low for years, but it's now rising and not least because of the jobs that are disappearing in the...
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