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Saturday, June 6, 2026

Tag: economy

Central banker sleeps well

Øystein Olsen, governor of Norway's central bank, could finally relax a bit over the weekend after delivering the annual address that's among the most closely followed in the country....

No big pay raises loom this year

Gerd Kristiansen, the head of Norway's largest trade union federation LO, is warning union members not to expect any big pay raises this year....

Thousands take off for winter holiday

After a week when worries about declining productivity were in the news, thousands of Norwegians took off anyway for a traditional week of "vinterferie," (literally,...

Olsen: ‘Don’t spend more oil money’

Øystein Olsen, chief of Norway's central bank, used his closely watched annual address on Thursday to warn politicians against tapping into more of the...

Center Party blasts productivity moves

Norway's small, rural-oriented Center Party has, as expected, blasted proposals presented this week that are aimed at boosting productivity. The party's leader called them "an...

Growth demands ‘political brutality’

It's time to change the way public sector investments from roads to schools are chosen and managed in Norway, Finance Minister Siv Jensen was told...

Statoil’s ‘uncertainty’ grips the market

The new chief executive of Statoil, Eldar Sætre, welcomed reporters to a press conference on Friday by saying it was "a time with much...

Oil prices jumped, and so did Statoil

North Sea crude oil was suddenly trading for more than USD 55 a barrel on Monday, reversing a long decline that began last year....

Oil prices rise on Saudi king’s death

The death of Saudi Arabia's King Abdullah during the night led to an immediate power shift and may give a boost to Norway's oil-fueled economy. Protesters, meanwhile,...

‘The New Normal’ can build roads

Commuters may come out the best as Norway's once-high-flying economy adjusts to what politicians and economists are calling "The New Normal." That refers to the...
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