Tag: economy

Stronger krone can prod wage talks

Norway's currency, the krone, has been building up strength again in recent weeks, just as the country's trade union and employer organizations sat down...

Unemployment to rise as wages fall

An expected slowdown in oil investments over the next few years will lead to a sharp rise in unemployment in Norway, predict both analysts...

Criticism spills over Oil Fund

Norway's oil revenues that are pumped into the state's huge Oil Fund are suddenly a source of concern, with a rising chorus of critics...

Budget talks set stage for Jensen

NEWS ANALYSIS: Siv Jensen was making her debut this week as her party's first-ever finance minister at the government's deceptively festive annual launch of...

Strong economy hides productivity drop

A new Organization for Economic Cooperation and Development (OECD) report released on Wednesday showed Norway's economy is being managed well and continuing to grow, and...

Many immigrants beat the odds

After years of hearing how hard it is for immigrants to succeed in Norway, a new study indicates that many are actually thriving in...

Governor wary of propping up banks

UPDATED: The governor of Norway's Central Bank (Norges Bank), Øystein Olsen, used his annual address in Oslo on Thursday evening not only to warn...

Banks log record profits

Norwegian banks have never earned as much money as they're earning now. Analysts are calling it a "golden age" for the banks, with Norway's...

Weak sales surprised and disappointed

Norway's state statistics bureau SSB has confirmed that holiday sales were much weaker than analysts had expected. SSB's figures follow sales reports from various...

Holiday sales disappointed, slowdown continues

More sales numbers are coming in from the end of the year, and Norwegian retailers can only only claim a small increase at cash...
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