Fri, 14 Jun 2013 12:49:16 GMT
Norway is ready to stimulate economy
Norway will add stimulus to its economy if situation in Western Europe continues deteriorating, which has already harmed Norway's exports. The government increased spending by 19% as an election is approaching. The Krone jumped 0.33% today so far, reaching 7.6536 per Euro. The currency has been rising since the crisis, which harmed Norwegian businesses as it makes them less competitive.