Erna Solberg: – We are well prepared for an economic crisis – Aftenposten

Erna Solberg: – We are well prepared for an economic crisis – Aftenposten

Prime Minister Erna Solberg, Minister of Finance Jensen and Governor Øystein Olsen was gathered for an emergency meeting on the Norwegian economy Friday. At a press conference afterwards gave Solberg expressed optimism.

– Norwegian economy is well prepared for the changes that must be done. We have skilled businesses and a solid foundation, although we are entering a period of transition. It is important that we come out a proper economic policy in the short and long term, said Solberg Friday at a press conference with Finance Minister Siv Jensen (FRP) and Governor Øystein Olsen.

Requires restructuring

Solberg noted that the basis for the Norwegian economy is good, but warned that it is becoming more elderly residents and fewer people of working age behind each of them.

– It means that those who will ensure the welfare of the future, fewer compared to those who should benefit from it. It requires restructuring, said Solberg.

At the meeting got Solberg and Jensen a briefing from the Governor’s side about the situation and outlook for the Norwegian economy. The coarse backdrop is that oil prices have fallen from a level of around $ 115 a barrel last summer to $ 49 a barrel at the moment. NPD expects investments in the industry this year will fall by 15 percent from last year’s level, when they were at 172 billion.

Economists disagree about it now takes new measures from the government to address this situation. Some want motkonjukturtiltak in terms of easing the surtax for oil companies, while others believe this is a necessary activity a case that we just have to suffer us through. For the long term means that we come out with a lower kostnandsnivå oil industry that will be more sustainable in the long term.

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The other remedies Solberg, Jensen and Olsen disposal excluding taxes, public investment and the interest rate. There is already a record investment in roads and other infrastructure in the state budget for this year. And interest rates are at a record low, although our neighbors have lower and even negative interest rates.

Another topic for the three peaks will be the low exchange rate that has given the seafood industry and other export industries a boost.

Published: 16.jan. 2015 24:23