Norway ‘Ready to Act’ as Putin Sanctions Spark Fallout Probe

Norway is studying the impact on its economy of the U.S. and Europe’s deteriorating ties to Russia and will step in to support industries that may be affected, Finance Minister Siv Jensen said.

“We are ready to act if necessary,” Jensen said today in an interview at her office in Oslo. “We are going through the Russian sanctions as we speak; it’s too soon to tell how they will influence the Norwegian economy.”