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Saturday, June 6, 2026

Tag: economy

No cut in rates, krone rebounds

UPDATED: Norway's central bank defied the expectations of analysts and economists on Thursday, with its board opting against another cut in its key lending...

Strict new lending rules unwelcome

Real estate brokers, bankers and borrowers alike are not laying out the welcome mat for strict new residential lending rules proposed by Norwegian finance regulators. The new...

Oil fund kept rising as oil prices fell

Oil prices are down, but the value of Norway's huge sovereign wealth fund known as the oil fund keeps growing. Experts weren't as pleased...

Debt levels worry finance minister

Norway's economy doesn't face any crisis, Finance Minister Siv Jensen has said, but she's growing increasingly worried about household debt levels in the country. Ever-rising...

Work rules eased, no one pleased

UPDATED: Neither the labour movement nor employer representatives were happy after Norway's conservative two-party government struck a deal Thursday with its support parties in...

Dollar hits new high against the krone

For the first time in 13 years, the US dollar was trading at just over NOK 8 on Tuesday. The move reflects an ongoing...

Debate erupts over Swedes as servants

The number of Swedes who are now working in Norway has doubled in the past 10 years, after many failed to find work at...

‘Cuts loom without shift away from oil’

Prime Minister Erna Solberg delivered a tough message as her government gathered for its first budget conference of the year on Monday: Major spending cuts...

Huge new oil field caught in conflict

Norway's new Johan Sverdrup oil field, located just 140 kilometers off the coast of Stavanger, may be as important for the Norwegian economy as the country's...

Unemployment to hit 10-year high

Joakim Lystad, head of Norway's work and welfare agency NAV, has some sobering news regarding the country's low unemployment rate. It's now rising faster than expected,...
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