Brexit worries Norway Conservative PM / News / The Foreigner

Brexit worries Norway Conservative PM. Erna Solberg voices concern on several matters should Britain vote ‘Leave’, Thursday. One of the issues that the Norwegian Prime Minister lists is strengthened right-wing populism within Europe, especially regarding those opposed to immigration and European unity. Norway’s current government is a right-wing coalition consisting of the Conservatives (H) and populists the Progress Party (FrP).

brexit, eu, eea, paywall



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Brexit worries Norway Conservative PM

Published on Wednesday, 22nd June, 2016 at 10:32 under the news category, by Michael Sandelson   .
Last Updated on 23rd June 2016 at 08:11.

Erna Solberg voices concern on several matters should Britain vote ‘Leave’, Thursday.

Prime Minister Erna Solberg
A more paralysed Europe means a more paralysed world, according to the PM Prime Minister Erna Solberg
Photo: Thomas Haugersveen/PM's Office


One of the issues that the Norwegian Prime Minister lists is strengthened right-wing populism within Europe, especially regarding those opposed to immigration and European unity.

Norway’s current government is a right-wing coalition consisting of the Conservatives (H) and populists the Progress Party (FrP).

“I am most concerned about the political consequences. The emergence of more nationalism and the rise in support for more extreme organizations certainly means that we’ll become more paralysed in areas where we need more common solutions in Europe. And should Europe become more paralysed then the world will become more paralysed too,” she told TV2/NTB.

“A weakened EU and a more fragmented and nationalistic Europe will mean that the economic situation will become more difficult when we need reforms and competitiveness. But it will also mean a more political and fragmented Europe, a weaker Europe, and a weaker world,” the PM commented to NRK.

Brexit will hit trade and Norway’s economic situation as well, she fears.

“We’re a small country with an open economy. We need access to international markets and growth to manage the current remodelling of the Norwegian economy,” Aftenposten quoted her as saying. “Norwegians are Anglo-Saxon in their heads and are focused on the US and UK. But our closest economic ties are with Sweden and Germany. A worse situation for them means a worse situation for us.”

And as European financial institutions steel themselves for a possible capital markets crunch, Prime Minister Solberg states that the government is in a state of emergency preparedness.

“We’ve assessed the consequences of this [Brexit]. The indirect effects are the most important. In the short-term, we know that international banks and others have taken precautions to try to neutralise [matters] should there be major currency fluctuations,” she told TV2.

France’s biggest companies and Italian Prime Minister Matteo Renzi are amongst those who have appealed to British voters to vote ‘Remain’.




Published on Wednesday, 22nd June, 2016 at 10:32 under the news category, by Michael Sandelson   .
Last updated on 23rd June 2016 at 08:11.

This post has the following tags: brexit, eu, eea, paywall.





  
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