Norway’s Finance Minister sees signs of more rapid recovery

Kristin Halvorsen (right) together with Liv Signe Navarsete (Minister of Transport and Communications and leader of the Centre Party), Jens Stoltenberg (Prime Minister and leader of the Labor Party). Photo: Berit Roald/Scanpix. Government.no.

NORWAY'S GOVERNMENT LEADERS. From Right: Kristin Halvorsen (Minister of Finance and leader of the Socialist Left Party), Jens Stoltenberg (Prime Minister and leader of the Labor Party) and Liv Signe Navarsete (Minister of Transport and Communications and leader of the Centre Party). Photo: Berit Roald/Scanpix. Government.no.

OSLO, Aug 12 (Reuters) – The Norwegian economy is showing signs of a more rapid recovery than envisaged and households should not plan for interest rates to stay at ‘very low’ levels when buying new homes, the finance minister said on Wednesday.

“There are signs that the rebound could come earlier also in Norway than we had previously anticipated,” Finance Minister Kristin Halvorsen said in a statement.

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