04.04.2016 - Norway to tap oil fund to buy Shetland Islands
Norway will tap into its sovereign wealth fund to purchase the Shetland Islands from the UK, both countries announced on Friday. Neither side was willing to divulge the financial details of the plan, which will see the archipelago return to its Viking roots. “In our mind, this deal was a no-brainer. Shetland still has strong ties to Norway and with our fertility rate at an all-time low, we could certainly use the population boost,” Norway’s newly-appointed minister of global expansion, Erik Gundersen, said in a statement...............................................Full Article: Source
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