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Norway offers $10 bln funding to firms as coronavirus threatens economy

researchsnappy by researchsnappy
March 15, 2020
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OSLO, March 15 (Reuters) – Norway will offer companies at least 100 billion Norwegian crowns ($9.7 billion) in funding in the form of guarantees for loans and bond issues to support the economy during the coronavirus outbreak, the government said on Sunday.

$1 = 10.2897 Norwegian crowns
Reporting by Victoria Klesty and Terje Solsvik; Editing by Jan
Harvey

Our Standards:The Thomson Reuters Trust Principles.
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