Tag: economy

Johnsen ‘must’ stem flow of oil money

Norwegian Finance Minister Sigbjørn Johnsen has a problem that many of his colleagues in other countries would love to have: Norway now has so...

Trade war looms over higher tariffs

The European Union's ambassador to Norway is calling the Norwegian government's decision to raise import tariffs on meat and cheese "a clear violation" of...

Oslo still most expensive, but residents not richest

Norway's capital has once again won the dubious distinction of being the world's most expensive city in which to live, but Oslo residents don't...

Statoil boss scoffs at debate over oil

While things keep looking up  for Norway's booming offshore oil and gas industry, debate is also rising over what that means for mainland industry...

Hottest candidate won top job

Kristin Skogen Lund, already listed among the most powerful women in the world by US-based Fortune Magazine, has climbed farther up the career ladder....

Fewer foreign tourists check in

Norwegian hotel operators suffered a noticeable decline in their number of overnight guests from several European countries this summer, including some that traditionally have...

Fishermen try to reel in farmers

As concerns rise that Norway is setting off a trade dispute with some of its most important trading partners, officials in the country's large...

Farmers lobby for more protection

Norway's notoriously high food prices look set to rise even higher if the country's powerful farmers get their way. They're putting more heavy pressure...

‘No interest rate increase this year’

Norway's central bank, Norges Bank, not only refrained from raising interest rates on Wednesday but its deputy governor said its key lending rate is...

Guest workers pay off in Norway

The Norwegian state profits from guest workers who pay considerably more in taxes than what they claim in benefits, according to recent research by state...
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