Oslo

Norwegian central bank keeps key rate unchanged at 5.75 per cent

NorwayOslo- Norway's central bank kept its key lending rate unchanged at 5.75 per cent Wednesday, citing the "unusually high degree of uncertainty" in wake of the recent global financial turbulence.

Norges Bank deputy governor Jan F Qvigstad noted that "there are wide daily swings in money market rates, equity prices, the krone exchange rate and oil and commodity prices."

"It is difficult to determine how long this pressure will last and the effects on inflation and activity in the Norwegian economy. It is therefore appropriate to keep the interest rate unchanged now," he added in a statement.

Norwegian speaker hopes to lead Council of Europe

NorwayOslo - Norwegian parliament speaker Thorbjorn Jagland said Tuesday he was to leave Norwegian politics, opting to stand as a candidate for secretary general of the Council of Europe.

The veteran Social Democrat, who has also held the posts of prime minister and foreign minister, hoped to succeed Terry Davis of Britain who was slated to step down next year.

Jagland, 58, said the Council of Europe was a key part of the European political and security system along with the European Union, NATO and the Organization of Cooperation and Security (OSCE).

Poll: Norwegian opposition to EU membership still strong

Oslo  - The gap between supporters and opponents of Norway joining the European Union remains wide, according to a new opinion poll published Monday.

While 54.4 per cent were opposed to joining the 27-nation bloc, 36.1 per cent favoured joining the EU, the poll by research institute Sentio said.

Some 9.5 per cent of those people polled on September 2-7 were undecided, Sentio said, adding that the margin of error was 3 percentage points.

The sample was based on 904 people. Only people over 18, and therefore eligible to vote, were included in the survey, Sentio said.

Newspapers Nationen and Klassekampen commissioned the monthly poll.

Norway approves humanitarian aid to Zimbabwe

ZimbabweOslo - Norway on Friday approved emergency funds to Zimbabwe totalling 40 million kroner (6.8 million dollars), Foreign Minister Jonas Gahr Store said.

"While we are monitoring the political events in Zimbabwe, we should not forget the acute needs of the hard suffering people," Store said in a statement.

The Norwegian funds were to be channelled via the United Nations and humanitarian agencies, the foreign minister said.

Norwegian tax authority mistakenly leaks sensitive data

Oslo - The Norwegian tax authority was red-faced Wednesday amid reports it had sent sensitive information about millions of Norwegian taxpayers to several news media outlets.

The tax authority mistakenly included personal identity numbers - which are confidential - on lists of taxpayers it distributed to the media, public broadcaster NRK reported.

Almost 4 million taxpayers were included on the lists, NRK reported and the tax authority has since Tuesday tried to contain the damage.

The error was disclosed by NRK's current affairs programme Brennpunkt.

Nordic bourses continue to decline

US Federal ReserveStockholm/Oslo  - The Oslo bourse on Tuesday afternoon hit an annual low before rebounding on the news that US Federal Reserve had injected 50 billion dollars of reserves into the banking system.

The Oslo index was down almost 9 per cent before clawing back, and with less than a half hour of the trading session was down 4.3 per cent.

Shares in oil companies including state-controlled Statoil Hydro were impacted as crude prices declined.

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