Tag: economy

Housing prices tumble again

Housing prices in Norway fell an average of 1.3 percent from October to November, marking the third month in a row of price declines...

Solberg: ‘Norway is too expensive’

Prime Minister Erna Solberg joined the chorus this week of those who believe costs and prices in Norway have reached a level that's becoming...

‘Weakest krone’ since 2009

The value of Norway's currency has suddenly fallen to its weakest level since 2009, making the country's notoriously high prices slightly less startling for...

New state budget full of changes

Finance Minister Siv Jensen presented the new conservative government's first state budget on the floor of the Norwegian Parliament on Friday, with proposals that...

‘Underclass’ emerges as jobs dry up

Lines have been forming every day outside the offices of the Norwegian Red Cross in Oslo,  with unemployed people waiting for hours to secure...

Oil era extended as debate flows

Norway's oldest oil field, Ekofisk, got a new lease on life this week, just as news broke that a conflict over the Snorre field...

Oslo stocks hit new all-time high

The Oslo Stock Exchange ended its trading day on Monday at its highest level ever, with its main index (Oslo Børs Hovedindeks) closing at...

Housing market’s highs and lows

More economists are predicting that Norway's high prices for homes and apartments will fall, after the first signs of a dip emerged in September....

‘Cautious’ budget ‘for folks’ lives’

Finance Minister Sigbjørn Johnsen of Norway's outgoing left-center government coalition presented his last state budget on Monday, and it wasn't nearly as tight as...

Rates to stay low, industry relieved

Norwegian borrowers, businesses and industry could heave a sigh of relief Thursday when the country's central bank decided not to raise interest rates and...
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