Thursday 22 December 2011

Norway contributes to safeguarding European economy

“Norway has today offered up to 6 billion SDR (equivalent to 7 billion euros) to the International Monetary Fund, as a bilateral loan to contribute to stabilising the European and international economy, and thus also to safeguard the Norwegian economy and Norwegian jobs”, says Prime Minister Jens Stoltenberg.
The loan will be part of ensuring that the IMF has sufficient lending capacity to assist member countries with emergency funding. This is vital also for countries in Europe.
“Many of Norway’s trade and cooperation partners are in a difficult economic situation. We have a strong interest in international economic and financial stability”, says Stoltenberg.
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