Labour import gives economic growth
The import of labour from the new EU member nations gives Norway a low interest rate and high economic growth, according to many economists.
The Norwegian Central Bank reports a record annual return for the Government Pension Fund Global in 2009. The fund returned 25.6 percent, equivalent to 613 billion kroner. This was 4.1 percentage points higher than the return on the benchmark portfolio.
The Norwegian Supreme Court has awarded in favor of the shipping companies that the retroactive tax imposed in 2007 for the years 1996-2006 was in breach of the Norwegian Constitution.
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)