S&P reaffirms Norway's top AAA credit rating
AFP · 26 Apr 2012, 14:22
Published: 26 Apr 2012 14:22 GMT+02:00
International ratings agency Standard and Poor's reaffirmed on Thursday its top AAA rating on Norway's sovereign debt
and said the outlook was stable.
S&P pointed to the Norwegian government's "strong fiscal and external positions, which continue to benefit from significant tax revenues related to the oil and gas sectors."
The agency nonetheless added that a relatively high level of private sector debt represented a ratings weakness.
It also said the government's fiscal flexibility might be constrained "by the burdens of an aging society unless the authorities take further steps to reform the pension, health care and social security systems."
Grande's behaviour during the hearing was all over the Norwegian media. Photo: Stortinget TV / NTB scanpix
She said playing the game helps her "listen better".
Selection exercises during Joint admission and selection camp 2016. Photo: Olav Standal Tangen/Forsvaret
They sweat together, they sleep together: Norway has introduced compulsory military service for women, even bunking them in mixed dorms with their brothers-in-arms.
Solberg, shown here at the Arendal political forum earlier this month, said she recently got hooked on Pokémon Go. Photo:Terje Bendiksby / NTB scanpix
An avid gamer, Norway's Prime Minister Erna Solberg took a break from her official duties in Bratislava this week to hunt for Pokemon monsters in the Slovak capital's old town.
Heavy rains in Bergen earlier this month. Photo: Marit Hommedal / NTB scanpix
Residents requested to stay off the roads.
(L-R) Øystein Garfos, Øystein Djupvik, Andreas Munkelien and Gunnar Garfors
Another wacky record in the books for Norway's extreme travellers.
File photo of an asylum centre in Råde. Photo: Berit Roald / NTB scanpix
Reports increased fivefold between 2014 and 2015 and officials fear there are more unreported cases.
Finance Norway CEO Idar Kreuetzer. Photo: Gorm Kallestad / NTB scanpix
Positive signals in Finance Norway’s quarterly expectations survey are being interpreted as yet another sign that the Norwegian economy is over the hump.
There is no immediate indication that the Oslo car fires are connected to the more than 70 car fires in Malmö, pictured here. Photo: Johan Nilsson / TT/Scanpix
No indication that the two car fires in the Norwegian capital are connected to a series of suspected arson attacks in Sweden and Denmark.
Norwegian Foreign Minister Børge Brende greets participants as the peace talks get underway in Oslo on Monday. Photo: Berit Roald / NTB scanpix
Can the talks in Oslo put an end to a nearly 50-year rebellion?
(L-R) Jose Maria Sison (NDFP), Elisabeth Slåttum, FM Børge Brende, Jesus Dureza (GPH) and Luis Jalandori begin peace talks. Photo: Berit Roald/NTB Scanpix
Norway-mediated talks aim to end one of Asia's longest insurgencies.