Country risk: Is Norway about to experience a credit shock?
Government surplus and offshore mineral wealth protect Norway from external shocks, but cracks are beginning to appear in Scandinavia’s foremost economic miracle
21 Feb 2012
Government surplus and offshore mineral wealth protect Norway from external shocks, but cracks are beginning to appear in Scandinavia’s foremost economic miracle
Data from Euromoney Country Risk (ECR) shows the extent of the UK’s economic deterioration and the time-lag between the appearance of vulnerabilities in the eurozone’s core economies and the actions taken by the rating agency.