Oil windfall at heart of tight Norway election

OSLO (Reuters) – Norway’s ruling center-left is within reach of becoming the first government to win re-election since 1996 when the North Sea state began investing its oil windfall in an offshore fund.

The oil fund has ballooned to $80,000 per citizen, and Norwegians’ expectations for public services have grown rapidly, making re-election tougher for governments, say sociologists.

Read more on: Reuters.com

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The Norwegian American

Published since May 17, 1889 PO Box 30863 Seattle WA 98113 Tel: (206) 784-4617 • Email: naw@na-weekly.com

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