JOURNAL ARTICLE

Norway's Labor, Allies Resume Talks to Break Budget Deadlock.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ummelas, Ott; Skjeseth, Heidi Taksdal 3 of 3

Abstract

The article discusses the ongoing budget negotiations in Norway, where the ruling Labor Party is facing challenges from two smaller coalition partners, the Socialist Left and the Green Party, as they seek to finalize the 2026 spending plan. Key issues include the Socialist Left's demand to divest from Israeli holdings in the nation's $2.1 trillion wealth fund and the Green Party's call to halt new oil and gas exploration. Prime Minister Jonas Gahr Store has until Friday to secure support from these partners or risk a confidence motion if the budget fails in parliament. Despite some progress in discussions, the Labor Party is unwilling to fully concede to the demands of its coalition partners. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Political Science
  • Publication Date:2025
  • Accession Number:189752547
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