Norway: Lower oil prices bite

9/10/2015 - Report
ic_blogtagNorwayBusiness ClimateCentral BanksCountry RiskCurrent AccountGrowthOil & Gas
Declining oil investment is having a clear negative impact on the economy. Low oil prices led to record low interest rates and exchange rate depreciation.

Current account surplus is softening quite fast, but remains one of the highest in Europe. Business insolvencies remain close to 2009 highs.

Download the document
Norway: Lower oil prices bite - Report