Norway Names Jensen Finance Minister After Oil Spending Deal

Progress Party leader Siv Jensen, who has fought to end rules limiting expenditure of Norway’s oil wealth, will become the main guarantor of fiscal responsibility as she takes the helm at the Finance Ministry.

Jensen, 44, whose party is entering government for the first time, was today named finance minister in Prime Minister Erna Solberg’s Conservative-led coalition. Tord Lien, 38, also of the Progress Party, was appointed energy minister of western Europe’s largest oil producer and the Conservatives’ Monica Maeland, 45, was named industry minister. Boerge Brende, 48, also from the Conservative Party, will be foreign minister.