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Thursday, June 4, 2026

Tag: economy

Rate hike aimed at curbing inflation

Norway's central bank stepped up its battle against inflation on Thursday, raising interest rates once again by a half- instead of a quarter-point. It's...

New settlements avert more strikes

Labour representatives for more than 32,000 workers in Norway's retail and service industries came to terms with the workers' employers organization Virke on Tuesday....

Central bank raises rates, again

Norway's central bank had little choice but to raise its policy rate once again on Thursday, if by only another quarter-point. Several Norwegian economists...

Weak ‘krone’ baffles the experts

NEWS ANALYSIS: Norway's economy remains strong, its biggest companies are more profitable than ever, the price of its oil is still high and unemployment...

‘Bonus bonanza’ behind major strike

Norwegian labour leaders and employers' representatives fundamentally disagree over whether a 5.2 percent wage increase would have given workers the "real pay growth" they...

Skiing holidays lead to more

Hundreds of thousands of Norwegians just back from Easter skiing holidays are already on track for more vacations, despite their weak currency and ongoing...

Housing prices rising again

Despite' predictions that rising interest rates and economic uncertainty would chill Norway's hot housing market, prices for residential property jumped yet again last month....

Wage talks head into mediation

Annual wage talks between Norway's biggest labour unions and state employers' organization NHO broke down after four days of talks. Now they'll go into...

Battle over Norway’s profits underway

After weeks of arguing in the media, Norway's largest trade union confederation LO and the national employers' organization NHO formally launched wage negotiations this...

Interest rates keep rising in the worst and the best of times

NEWS ANALYSIS/UPDATED: The rich are getting richer and the poor poorer in Norway, where another rise in interest rates is meant to curb inflation....

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