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Wednesday, 08 May 2013 20:40
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The Executive Board of the Norwegian Central Bank (Norges Bank) has decided to keep the key policy rate unchanged at 1.5 percent. (Photo Norges Bank Deputy Governor Jan Qvigstad)
The Government has released a white paper discussing challenges and policy options facing the Norwegian economy towards 2060, stating it is likely to be faced with difficult choices in the decades to come.
The trade surplus for the first six months of 2012 amounted to NOK 242.5 billion. This was an increase of almost 25 per cent compared to the first half of 2011.
The Bank of Norway predicts that salaries will continue to increase, along with a low interest rate.
Investors from all over Europe hedge against a possible Euro-collapse by placing money in Norwegian banks.
Presenting the revised National Budget for 2012, Finance Minister Sigbjørn Johnsen said Economic activity in Norway has held up well in 2012, despite the global economic slowdown.
