Norway billionaire and oil investor hopes Parliament ridded of minor Parties / News / The Foreigner

Norway billionaire and oil investor hopes Parliament ridded of minor Parties. Øystein Stray Spetalen categorically declares smaller Parties such as the Christian Democrats (KrF) and Socialist Left (SV) should not be in Parliament after this year’s general election ‘for the sake of democracy’. Mr Spetalen also disagrees with the social democratic oil tax policy. The rich investor believes these Parties’ political influence, with what he regards as excessive numbers of Ministers, are a fly in the ointment for ordinary Norwegians. He finds this “unfortunate”, NRK reports. Mr Spetalen says he is also of the opinion the more minor Parties hinder the individual in Norway because they influence budgets, development, and gain success in matters 95 per cent of the population have not voted on.

norwaypolitics, oilnorway, democracynorway



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Norway billionaire and oil investor hopes Parliament ridded of minor Parties

Published on Friday, 7th June, 2013 at 22:42 under the news category, by Michael Sandelson and Lyndsey Smith      .

Øystein Stray Spetalen categorically declares smaller Parties such as the Christian Democrats (KrF) and Socialist Left (SV) should not be in Parliament after this year’s general election ‘for the sake of democracy’. Mr Spetalen also disagrees with the social democratic oil tax policy.

Norwegian Parliament building
Norwegian Parliament building
Photo: Norwegian Parliament/Flickr


The rich investor believes these Parties’ political influence, with what he regards as excessive numbers of Ministers, are a fly in the ointment for ordinary Norwegians. He finds this “unfortunate”, NRK reports.

Mr Spetalen says he is also of the opinion the more minor Parties hinder the individual in Norway because they influence budgets, development, and gain success in matters 95 per cent of the population have not voted on.

Deputy Liberal (V) leader Terje Breivik counters by saying he regards diversity in politics is an advantage, just like in the business world, and policy content is just as important as political size.

Moreover, nearly 600,000 people voted for minority Parties at the last election, according to him.

Neither Mr Breivik nor Conservative (H) leader Erna Solberg, who’s Party currently has a 3.7 per cent opinion poll lead over Labour (Ap) – at 31.4 per cent – support what Øystein Stray Spetalen expresses.

Mr Spetalen who owns some 10 per cent of Prospector Offshore Drilling – a subsidiary of which announced today it had extended the Prospector 1 drilling contract to the revenues tune of about USD 142.5 million – has recently criticised the Labour Party (AP) for its announced offshore tax amendment measures.

Onshore industry stands to get a corresponding NOK 3 billion (roughly USD 519.9 million/EUR 393.2/GBP 334.2 million) tax break.

“This only means something for 10 to 15 companies. It will hardly have any impact for everyone else. This does nothing for Norwegian competitiveness. It’s just a drop in the ocean,” he told Dagbladet last month.

Mr Spetalen would not say which Party he hopes will win September’s general election, but has recently donated NOK 500k (about USD 86.6k/EUR 65.5k/GBP 55.7k) to the Conservatives’ campaign.

The Christian Democrats and Socialist Left want to phase out fossil-fuelled energy and replace it with renewables.



Published on Friday, 7th June, 2013 at 22:42 under the news category, by Michael Sandelson and Lyndsey Smith      .

This post has the following tags: norwaypolitics, oilnorway, democracynorway.





  
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