Tag: economy
Net income still evenly distributed
The global finance crisis hasn't had much affect on Norway's relatively even distribution of income. Fully 90 percent of all Norwegians earn less than...
New bank boss warns higher rates
Øystein Olsen, the 58-year-old head of state statistics bureau SSB, was confirmed at the weekly Council of State on Friday as the new head...
Brazil draws Norwegian investors
Brazil, long the home of a Norwegian princess, is now becoming the new favoured destination for Norwegian companies keen on expanding abroad. Major investments...
Leaders meet to tackle unemployment
Government leaders including the prime ministers of Spain and Greece were in Oslo on Monday for an international conference aimed at reviving the labour...
Investor mounts dramatic rescue
UPDATED: A business drama that's been unfolding for months in the mountain community of Sykkylven finally reached its climax. A local supplier to furniture...
Residential rental rates jump
High housing prices and more restrictive lending policies are forcing many would-be first-time buyers to remain renters. That's putting extra pressure on the rental...
Bid for furniture maker falls short
Norwegian furniture maker Hjellegjerde, which has been on the verge of bankruptcy, was offered NOK 20 million in fresh share capital from furniture store chain...
Wealthy willing to pay more tax
Even Norwegians on the conservative side of the political spectrum appear willing to pay more taxes, in order to maintain the current level of...
18,000 workers head out on strike
Mediation broke down Thursday afternoon between municipal employers and unions representing their workers, meaning that many schools and day care centers will shut down...
Major strike looms in public sector
Schools and day care centers may close, and nursing homes and a variety of other public services will be affected, if Norway's biggest public...
FOR THE RECORD
If you like what we’re doing, please consider a donation. It’s easy using PayPal, or our Norway bank account. READ MORE
MOST READ THIS WEEK
CURRENCY RATES
For more news on Arctic developments.