Tag: economy

More economic warnings, ‘no crisis’

The sudden decline in the value of Norway's currency, lower oil prices and a rise in bankruptcies were all prompting another round of warnings...

‘Krone’ falls on bank board news

The value of the Norwegian krone fell sharply on Thursday, after the country's central bank left its key interest rate unchanged and indicated it...

Norway’s key interest rate unchanged despite ‘lower’ economic activity

The executive board of Norway's central bank, Norges Bank, announced on Thursday that it had decided once again to keep its "key policy rate"...

Economic growth grinds to a halt

Norway's booming, oil-fed economy of the past several years is showing clear signs of a slowdown, with some economists predicting that growth is "close...

Homeowners warned of price drop

Norway could be heading for a severe drop in real estate prices, economists warned on Thursday. Indebted households in the largest cities and Stavanger...

Oil industry frets over tax, prices

Norway's long-booming oil and gas industry suddenly seems to be facing new challenges on several fronts. A proposed tax hike for oil companies has...

Stoltenberg in the spotlight at OECD

Norwegian Prime Minister Jens Stoltenberg got plenty of attention at the prestigious OECD ministerial meeting in Paris this week. Norway's strong economy is envied...

Norwegians still satisfied with life

Only the Swiss are more satisfied with their lifestyles than the Norwegians. A new survey conducted by the international organization OECD (Organisation for Economic...

Finance minister ‘on steady course’

Norway's left-center government coalition aims to keep the country's strong economy on what Finance Minister Sigbjørn Johnsen called "a steady course" when he released...

Norges Bank won’t follow Europeans

The European Central Bank cut its already-low key interest rate last week but Norway's own central bank didn't follow along. The board of Norges...
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