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Norway runs deficit for first time in over 20 years
TheLocal.no ^ | 06 Sep 2016 13:40 GMT+02:00

Posted on 09/06/2016 11:28:08 AM PDT by Olog-hai

For the first time since the mid 1990s, Norway’s expenditures have exceeded state revenues.

Figures released by Statistics Norway (SSB) on Tuesday show that the state’s total revenues in the second quarter of this year totaled 328 billion kroner, which is 2.3 percent less than in the same quarter of last year. […]

“Reduced income from petroleum taxes and reduced surplus from the State’s Direct Financial Interest in petroleum activities (SDFI) account largely for the continued decrease in total revenue in Q2 2016,” SSB wrote. …

(Excerpt) Read more at thelocal.no ...


TOPICS: Business/Economy; Government
KEYWORDS: deficit; economy; eea; norway
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To: Rockpile
Wasn’t Nokia Finnish?

C'mon...use correct English.Yah,I think that Nokia is finished.

But seriously...I get those countries up there confused.You could very well be correct.

21 posted on 09/06/2016 3:15:37 PM PDT by Gay State Conservative (In Today's America Feelings Are The New Truth)
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To: Olog-hai

Eat two bricks of Nokkelost and call me in the morning.


22 posted on 09/06/2016 3:19:13 PM PDT by nesnah (Liberals - the petulant children of politics)
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To: Gay State Conservative

I have a dead Nokia phone in a drawer somewhere.

It’s a finished Finnish fone.


23 posted on 09/06/2016 4:17:31 PM PDT by Rockpile (GOP legislators-----caviar eating surrender monkeys.)
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