| 06.10.2010 - Oil-rich Norway to tighten spending |
| From AP: Norway on Tuesday unveiled next year's budget plans aimed at curbing expenditure after the oil-rich country recovers from an economic downturn with a slightly upturned outlook for 2011. The Finance Ministry proposed to cut excess spending from oil and gas proceeds to 7.4 billion kroner ($1.2 billion; euro880 million) — from 19 billion kroner this year..............................................Full Article: Source |