Norway is more vulnerable to global developments

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Source: mninews
© Scanpix/AFP

Norway's financial system has become more vulnerable to global difficulties since 2011. Norway's economic outlook was decreased, banks plan on setting risk premia higher thus making bank funding becomes less accessible, reported Norges Bank. Increased instability in financial sector was mainly caused by situation in credit and money markets, the bank added.

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Tue, 29 Nov 2011 15:39:21 GMT

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