Tag: economy
Holiday spending up 8.5 percent
Norwegians are preparing to spend 8.5 percent more on their summer holidays this year than in 2010, according to a new study released by...
Norway’s oil fund now world’s biggest
Norway's "Government Pension Fund - Global," commonly referred to in the country as the "oil fund," has overtaken the Abu Dhabi Investment Authority (ADIA)...
Workers lacking despite immigration
Shortages in the Norwegian labour force have increased 20 percent in the last year, with Norwegian industry now lacking at least 61,000 workers, according...
Even more reason to wave their flag
Norway’s relatively high standard of living, built up over the past few decades with oil and gas revenues, has once again resulted in an...
Sky-high home prices spark concern
Norway's residential real estate market has never been hotter, report brokers and bankers, and concerns are rising that it may boil over and go...
Norway’s economic riddle
COMMENTARY: Oil wealth, high prices and a relatively high standard of living don't mean Norway is free from a certain degree of public poverty....
Bank board boosts interest rates
The executive board of Norway's central bank, Norges Bank, ignored warnings from labour leaders and exporters and opted to raise the country's key policy...
Poverty hits 10 percent in Oslo
Government figures released on Tuesday show that 9.68 percent of residents in the Norwegian capital Oslo are defined as living in poverty, giving the...
State workers get big pay rise
Government employees at the national and local authority level have received 4 and 4.3 percent wage increases respectively after the close of the annual...
Farmers want 18 percent subsidy rise
Norwegian farmers' organizations are demanding a NOK 45,000 (over USD 8,500) increase in income for the average farmer from the state next year, an...
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