Thursday, September 15, 2005

Business leaders fear new government

A survey among 530 directors, and sales and marketing executives shows widespread fear of the new socialist government. Over 75% expect businesses in Norway to face tougher regulation. And there is more:
  • 58% think it will be harder to do business
  • 70% think competitiveness will worsen
  • 45% expect profits to detoriate
Labour Party's Olav Akselsen, who was Minister of Trade and Industry in the previous Labour government, said businesses leaders "can sleep safely at night", and should have nothing to fear. We'll see about that.

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