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Norway enlists experts to probe climate opportunities for SWF
Category: Accounting / Financial
The Norwegian government said it has appointed a panel of experts to look into financial climate risk and climate-related investment opportunities in relation to the country’s NOK11trn (€1trn) sovereign wealth fund. Read full article
Source: IPE
Published: February 5, 2021
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Norway Is Seen Leading the Way in Post-Covid Interest Rate Hikes
Category: Accounting / Financial
Norway’s central bank said it may be able to raise interest rates earlier than previously thought, reinforcing the view it will be the first among holders of the world’s major currencies to tighten policy as the economy recovers.
Source: Bloomberg
Published: April 19, 2024
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POLL-Norway’s central bank to keep policy rate at zero on Dec. 17
Category: Accounting / Financial
OSLO, Dec 8 (Reuters) – Norway’s central bank will leave its key interest rate unchanged next week at a record low of 0% as the COVID-19 pandemic continues to hamper the economy, a Reuters poll of economists forecast on Tuesday. The 23 participants in the poll were unanimous in predicting no change to the policy […]
Source: Reuters
Published: August 12, 2020
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Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says
Category: Accounting / Financial
Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack.
Source: Cointelegraph
Published: June 11, 2020
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Reuters: Norway’s third-quarter GDP rebounds from recession
Category: Accounting / Financial
OSLO, Nov 17 (Reuters) – Norway’s gross domestic product (GDP) grew strongly in the third quarter, rebounding from a deep recession caused by the novel coronavirus pandemic, data from the national statistics office (SSB) showed on Tuesday. The mainland economy, which excludes oil and gas production, expanded by 5.2% in the July-September period from the […]
Source: Reuters
Published: April 19, 2024
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