The year in news 2016

News from Norway

News from Norway Source: SBS Norwegian

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In the news summary for 2016 we will hear that there was no single story that stood out, but we can mention keywords like merging of municipalities, record low interest rates, difficult budget negotiations, revelations of pedophilia and stricter rules for asylum seekers.


The key policy rate is at its lowest level (0.5%), but both the crude oil price and the Norwegian krone are higher than they were one year ago.

The unemployment rate is still high, at 4.9%.

The government was at risk of falling during the budget negotiations with the supporting parties, and the collaboration with these parties is fragile.

The weather last year was warm and wet, particularly on Svalbard, which experienced its warmest year ever.

 


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