Tag: economy

Labour’s tax relief upstages Høyre

On the very day that Norway's Conservative Party (Høyre) was wrapping up its national meeting and rallying its troops to seize government power, Labour...

Finance minister closes tax loophole

Finance Minister Sigbjørn Johnsen said Monday that the government was poised to shut a tax loophole that's been exploited by multinational companies doing business...

Overtime mediation averted strike

Norway's labour federations LO and YS came to terms with national employers' organization NHO at around 3am on Monday, after three hours of mediation...

Strike threat looms Monday

Ferries, flights, other forms of public transport, shipyards and even supplies of beer and soft drinks will be disrupted next week, if nearly 20,000...

Tax forms released to 3.9 million

In what's long been a rite of spring, the Norwegian tax authority Skatteetaten released the bulk of its tax returns for 2012 on Tuesday...

Central bank keeps interest rate low

Norges Bank announced on Thursday that its key lending rate, so-called "styringsrenten," will remain unchanged at 1.5 percent. The bank board decided that unless the...

‘Challenging’ pay negotiations begin

Wage negotiations between Norway's confederation of trade unions LO and the national employers' organization NHO were getting underway this week, with LO leader Roar...

High costs won’t halt good times

The average hourly wage costs of an industrial worker in Norway are now more than eight times that of a worker in Poland, according...

Euro crisis hits industry harder

Prime Minister Jens Stoltenberg has been issuing more warnings about the ill effects of the European economic crisis on Norwegian industry, and many companies...

State loans pose new debt risks

Stricter borrowing rules in Norway have left higher-income groups struggling to get a home loan through commercial banks, and led to a rush of...
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