NorwayEconomy

Norway’s Optimistic Business Outlook Alleviates Expectations for Interest Rate Cuts Before March

11 days ago

In a recent report from Norway, a promising business environment has emerged, which diminishes the likelihood of any interest rate cuts by the central bank before March of the following year. This fresh assessment comes on the heels of a robust economic performance in the nation, which has been fueled by a combination of solid domestic demand and favorable steel and oil prices.

Norway Tightens the Purse Strings: A Closer Look at the 2025 Draft Budget

3 months ago

In a move that underscores fiscal prudence, Norway has unveiled its draft budget for 2025 with a distinct aim to slow down the spending of its substantial oil wealth. The new budget proposal was disclosed on October 7, 2024, marking a strategic shift by the Norwegian government as it seeks to ensure the nation's financial resilience in an unpredictable global economy.