The Norwegian economy is dependant on oil and gas. If they shut down the oil and gas industry they would have an economic crisis and burn through their sovereign wealth fund.
The NOK is really weak at the moment, one of the main reasons being that the Norwegian economy is so dependant on oil and gas.
Their government has subsidised the EVs with huge amounts of money, it is oil and gas money that is subsidising it.
It is not as simple as that. Norway has more than one leg to stand on and will survive, even if the market for oil and gas should disappear tomorrow, (Hardly likely)
Nobody should be so foolish as to try to take (or buy) Greenland before the ownership of the island is settled between Denmark and Norway.
If anybody is that foolish they have to contend with the mighty Norwegian hordes that will be heading there to claim their rightful ownership to the island that they discovered and settled before anybody else:
Prime Minister Jonas Gahr Støre (middle) on Tuesday presented his new ministers outside the King’s castle in Oslo. Jens Stoltenberg to the left.
Screenshot from regjeringen.no
Class 10 C has chosen Greece as the theme for their class act. Here they dance to Bonnie Tyler’s 80s classic “Holding Out for a Hero”. Photo: Kenneth Kamp
The picture is from Torpoåsen in Hallingdal in January.
From X: @ The Meteorologists
Tonight you should take a little look up Large parts of the country will be cloud-free tonight, and there are a number of things to look for in the sky Northern Lights Full Moon Venus, Mars, Jupiter and Saturn (and more with a telescope)
A quiet evening in Skibotn, Norway. The warmth of the cabin light reflecting on the frozen ground feels like home in the middle of the wilderness.
Source: Redirecting...
Skiboten,is situated on the shore of Lyngenfjord, Troms County: