Skip to main content

Norway's government in deficit for the first time in 25 years

The unusual deficit, amounting to 83 billion Norwegian crowns ($9.5 billion), came as the COVID-19 pandemic caused a sharp fall in tax revenue and in the price of crude oil, Norway's top export, while spending rose to protect the economy.

from Europe News Headlines, Latest Europe News and Live Updates - Times of India https://ift.tt/3lHjVCY

Comments

Popular posts from this blog

Taliban launch 'massive attack' on Afghan city of Kunduz

The militants, who have demanded that all foreign forces leave Afghanistan, now control or hold sway over roughly half of the country and are at their strongest since their 2001 defeat by a US-led invasion. Such attacks are seen as strengthening their negotiating position. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/347NQeG

Bangladesh election 'not free or fair': US

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/gxSnItW

Justin Trudeau's jet breaks down for 2nd time since G20 India visit

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/ato84Hd