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LN24 > Blog > European economy
07
Oct

Norway Plans $63.6 Billion Withdrawal from Wealth Fund in 2027

  • LN24 / 13 hours
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  • 2 min read

Government Seeks Higher Fund Spending to Finance Public Expenditure Norway’s minority Labour government has proposed withdrawing 608.4 billion Norwegian crowns ($63.6 billion) from the country’s sovereign wealth fund in 2027 to help finance public spending. The planned withdrawal would be higher than the 583.4 billion crowns revised for 2026, according to the government’s 2027 budget […]

06
Oct

German Industrial Orders Slump as Large Contracts Dry Up

  • LN24 / 1 day
  • 0
  • 2 min read

Germany’s industrial sector suffered a sharper-than-expected decline in new orders in August, raising concerns that manufacturing could weigh on economic growth in the third quarter of 2026. New industrial orders fell 10.6% from July, on a seasonally and calendar-adjusted basis, according to Germany’s federal statistics office. Economists surveyed by Reuters had expected a much smaller […]