Norway's Solberg Girds for Election Battle as Polls Tighten
- Norway PM warns tax increase could hurt economic recovery
- Says will look at further tax cuts to help create more jobs
Erna Solberg, Norway's prime minister, poses for a photograph following a Bloomberg Television interview in London on Oct. 14, 2015.
Photographer: Simon Dawson/BloombergKicking off a five-week election battle, Norwegian Prime Minister Erna Solberg sharpened her message by warning that a political shift after next month’s election could derail a recovery in the economy of western Europe’s biggest crude producer.
The election campaign is coming to center around taxes, with the main challenger Labor opposition pledging to reverse two-thirds of the 21 billion kroner ($2.6 billion) in tax cuts that Solberg has pushed through since taking power in 2013. Creating the conditions for more jobs to support welfare and the economy will be the key challenge over the next four years, Solberg said at an election rally in Oslo.