The finance committee of the European Parliament has accepted that Norway may continue its policy of higher guarantees than the EU for bank customers' deposits, NRK reports.
Norwegian banks have to guarantee for customers' accounts for up to NOK two million per deposit.
In the EU the bank guarantee is limited to NOK 800,000 per deposit.
Finance Minister Sigbjørn Johnsen has visited Brussels several times, presenting Norway's arguments for maintaining present policy, rather than reducing it to EU standards.
(NRK)
The International Monetary Fund (IMF) has presented its views on the Norwegian economy and Norwegian economic policy, and concludes that the Norwegian economy continues to perform well.(Photo: Finance Minister Sigbjørn Johnsen)..
Erna Solberg, leader of the Conservative Party (Høyre), (photo) criticizes Labour Party Prime Minister Jens Stoltenberg’s use of the Norwegian Sovereign Wealth Fund.
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Finance Minister Sigbjørn Johnsen (photo) on Thursday presented the National Budget for next year. Some highlights: Record budget for development aid, with focus on renewable energy and agriculture. (More updates)
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The Organisation for Economic Co-operation and Development (OECD) has presented its economic survey of Norway for 2010, in which a further tightening of the Norwegian economy is recommended. (Photo: Finance Minister Sigbjørn Johnsen)
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As part of an effort to solve the country's financial crisis, the Icelandic Prime Minister has appointed Norwegian economist and business consultant Svein Harald Oeygard as acting Governor of the Icelandic Central Bank and Arnór Sighvatsson as acting Deputy Governor...
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The OECD appreciates the good economic performance in Norway. The organization finds that a good policy framework and sound macroeconomic management have been important in making Norway well prepared to take advantage of the impact of globalisation. (Photo: Finance Minister Kristin Halvorsen)..
The 151st session of the Norwegian Parliament (Storting) was formally opened by King Harald on Tuesday. Queen Sonja and Crown Prince Haakon were also present at the traditional ceremony...
The International Monetary Fund (IMF) says in its latest report that it is positive to the Norwegian Government's economic policy. The IMF forecasts a solid economic growth for in Norway for 2001...
The International Monetary Fund (IMF) is pleased with the state of the Norwegian economy, and the Norwegian government's financial policy. The IMF warns, however, against high wage increases and increasing outlays for pensions...
