– I put the coffee in the neck, literally! “The blood flowing in the streets of Stavanger.” There’s not much new with the times going up and down in this city, I think.
Leif Arne Moi Nilsen, who is team leader for the Progressive Party in Stavanger City Council, does not recognize himself in the feature story in VG today.
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Jobs disappears, shops bars and house prices plummet, the message of Norway’s largest newspaper.
Hotel King Petter Stordalen is quoted as saying that the blood flowing in the streets of Stavanger.
City in Crisis
VG describes over three sides a city in crisis. Alongside Petter Stordalen talking newspaper with shop owners who have to give up, people who have lost their jobs, brokers, an oil entrepreneur, people in the taxi industry, restaurant people and the head of NAV in Rogaland.
– I think there have been too many of these types of inquiries in the last six months. What is about to happen is that the city is beginning to normalize. We have lived for some years now in an era where everything has been overheated due to soaring oil prices. Now it’s “back to basics,” says Moi Nilsen.
– Hard to talk about crisis
– Crisis concept is relative. When we have the decline in oil prices and higher unemployment. So for those who this applies to, or for those who it affects, it is perceived to be a crisis. We come from the situation where there has been very good, with virtually no unemployment and a spectacular growth. So in absolute terms it is difficult to talk about a crisis.
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It says Ola Kvaløy professor of economics at the University of Stavanger.
He thinks we in the media are involved in determining how we perceive what is happening with the economy.
– When one talks about the blood flowing in the streets and stuff, well that provide a psychological negative effect. Folks outlook becomes even more negative and pessimistic than they initially would have been. This could affect, for example, housing prices, if people are extra pessimistic, saying Kvaløy.
– Can be healthy for the city
Economics professor will not be drawing a very gloomy future picture.
– The Stavanger region has managed to get through downs before, and I think that the region will succeed again, says Kvaløy.
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Moi Nilsen and strongly believe that Stavanger will come through the oil downturn without breaking his neck.
– We must let the expenses be proportionate to revenue. We must not spend more money than we have, and perhaps this could be healthy for our city, says Progress Party politician.
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