OECD: Norway out of the financial crisis by 2011
Norway will be the first country to completely recover from the financial crisis, and its economy should be back to full capacity by 2011, according to the Organisaation for Economic Co-operation and Development (OECD).
OECD has just presented its semi-annual report on the economy of the industrial nations of the world, and among the 27 most well-to-do member nations, Norway looks to completely recover first, according to the report, quoted by Aftenposten.
OECD states that economic reccovery has already started in Norway, with the large fiscal and monetary stimulus boosting consumption and sustaining employment.
(NRK/OECD)
Rolleiv Solholm
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