Tag: economy

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...

Norway ‘earns from Libya conflict’

The Norwegian state has earned large amounts of money since the beginning of the UN-backed international military operations in Libya because of the effect...

State unions to demand higher wages

Trade unions representing 130,000 state employees and 338,500 workers in local authorities have indicated that they will not accept a lower pay rise than...

Leak closes Statoil’s Njord field

The discovery on Easter Sunday of a gas leak at the Njord oil and gas field, operated by Norwegian part state-owned company Statoil, has...

Few aware of oil revenue rule

Norway's so-called "handlingsregelen," the rule that limits use of oil revenues, may well be the most important monetary regulation in the county. Few Norwegians,...
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