Tag: economy

What's ahead for Norway in 2010

Higher unemployment, rising interest rates, more criticism of the social welfare system and debate over steadily increasing sick leave: That's what authorities expect in...

Central bank raises interest rates

Norway's central bank announced Wednesday that it was raising interest rates another quarter-point, meaning most commercial lenders will raise their rates as well. Economists...

Suddenly, some signs of pessimism

Norway has so far seemed relatively unscathed by the global finance crisis but a new report throws cold water on the country's economic outlook....

Tough job market for immigrants

It's not easy for immigrants to find work in Norway that's relevant to their qualifications, and now it appears that once they land a...

Norway to emerge from crisis first

A new economic outlook report from the Organisation for Economic Co-operation and Development (OECD) suggests that Norway will be the first country in the...

Finance minister steps on the brakes

Sigbjørn Johnsen, Norway's new finance minister, claims the level of Norway's social welfare services may have hit their peak. Even though his government has...

Interest rates start moving up

Norway's central bank raised interest rates for the first time in more than a year on Wednesday, citing a slight rise in consumer prices...

Thousands more are now millionaires

Norway has 28,000 new millionaires, measured in terms of the Norwegian krone and according to tax lists released by the state. It's more proof that...

Public sector employment soars

Norway's public sector just keeps getting bigger. The number of employees on the state payroll has jumped by 12,000 since Labour Party leader Jens...

Krone stronger as budget takes hold

Even though it settled down a bit on Friday, Norway's currency ended the week even stronger than it began, not least because of the...
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