Money and Finance

Norwegian pensioners live well and happily

Business - Money and Finance

Nearly all Norwegian pensioners are well off. This is shown by fresh figures from Norway Statistics, quoted by Dagsavisen. The real income for the average pensioner remains between 90 and 100 per cent of end salary..

Friday, 22 April 2005 08:04

Norwegian interest rates to remain unchanged

Business - Money and Finance

The Norwegian Central Bank has decided to keep the key deposit rate unchanged, at the present record low of 1.75 per cent.

However, in his announcement on Wednesday the bank director Svei Gjedrem indicated that a rice would come soon.

Thursday, 21 April 2005 07:04

Lowest wage growth in ten years

Business - Money and Finance

The average overall growth of wages and salaries from 2003 to 2004 was 3.6 per cent, compared with 4.5 per cent the previous year. This is the lowest wage growth since 1995....

Thursday, 07 April 2005 07:04

Norwegian interest rates remain unchanged

Business - Money and Finance

The Norwegian Central Bank has decided to keep the key deposit rate unchanged, at the present record low of 1.75 per cent. However, it indicated that a rice would come later this year, and gradually be brought in line with a more normal level..

Thursday, 17 March 2005 08:03

Labour import gives economic growth

Business - Money and Finance

The import of labour from the new EU member nations gives Norway a low interest rate and high economic growth, according to many economists.

Tuesday, 25 January 2005 02:01

Norwegian farmers face tougher times

Business - Money and Finance

The Government has been given support by Parliament (Storting) to continue the cooperation with the so-called G10 nations in the further negotiations in the World Trade Organisation (WTO).
This will mean reduced import duty on farm produce..

Saturday, 08 January 2005 07:01