Thu, Jul 31, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Norway’s wealth eroding competitiveness

Posted on 13 March 2014

Norway’s export industry is buckling under the weight of the country’s wealth. Prime Minister Erna Solberg says that Scandinavia’s richest nation now needs to rein in budget spending to stop eroding trade competitiveness.
Backed by a US$850 billion sovereign wealth fund, Norway is struggling to spur growth as wages that far exceed the European average hold back the economy. That’s killing jobs in a nation that has been accustomed to having one of Europe’s lowest unemployment rates………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14478 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031