>>While having oil is better than not, reliance on a single commodity is bad. Recent slumps in oil prices - from what I read - have created a situation in Norway that the expectations based on promises (pensions,welfare state) given previously on presumption of always high oil prices are difficult to fulfill.
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>As was released in the press rwo years ago, Norways has such a surpluss in reserve, that virtually every norwegian is a miljonaire (in euros) already. They will have absolutely not probem to deal with temporary setbacks.
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guessing that you at least can read german or that Google translate will not botch it up too much
http://www.wiwo.de/politik/europa/oelpreis-rutsch-norwegische-wirtschaftspolitik-geraet-ins-wanken/11554084-all.htmlnot looked into detail myself but remembered at least this source
regards
thomas