Oslo Stock Exchange lifted by ME unrestThe unrest in the Middle East and increased economic growth world wide lifts the Oslo Stockexchange to new heights. On Monday the main index ended at 447.5 points. This is the highest value since the global financial crisis began in 2008, NRK reports. The Oslo exchange was stimulated by the price of oil which continued up, as a result of the fear that further political unrest would affect oil-rich nations in the Middle East. At the end of Monday the price of North Sea oil ended at USD 104 per barrel, up 3 dollars for the day. (NRK/Aftenposten)
Tuesday, 15 February 2011 08:02
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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.
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Norway's famous Viking ships will remain in their present berth at Bygdøy. A plan by some city officials to move the ships and related finds to a new museum at Bjørvika, Oslo's medival centre, has been shelved for good.
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The Norwegian Government has proposed to Parliament (Storting) the establishment of a new state-owned company to manage the Norwegian state-funded export credit scheme. (Photo: Minister of Trade and Industry, Trond Giske)
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Eight out of ten people in Norway, in the age group 18-44, choose to pay with their bankcard, regardless of the amount they buy for, according to a new survey.
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The proposals for a new national transport plan has been presented. It calls for more money to be spent on public transport in and around the larger cities, and less on large road projects.
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The executives carry most of the responsibility for achieving a moderate wage settlement, Prime Minister Jens Stoltenberg told business leaders at the annual meeting of the Confederation of Norwegian Enterprise (NHO).
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Norway has offered up to NOK 55 billion (equivalent to 7 billion euros) to the International Monetary Fund, as a bilateral loan to contribute to stabilising the European and international economy. (Photo: Prime Minister Jens Stoltenberg)
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The cost of damages caused by bad weather in Norway in 2011 will amount to a total of more than NOK 820 million, according to Finance Norway (FNO) the trade organisation for banks, insurance companies and other financial institutions in Norway.
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