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Norway's central bank warns of meddling with EUR 1 trillion fund

Norway’s central bank governor warned politicians against meddling too much with the country’s massive sovereign wealth fund and of overspending its oil wealth.
Photo: NTB SCANPIX/via REUTERS / X02351
Photo: NTB SCANPIX/via REUTERS / X02351
By Mikael Holter / BLOOMBERG

In his annual speech to the nation’s political and business elite on Thursday, Norges Bank Governor Oystein Olsen renewed warnings that politicians should resist micro-managing the EUR 1 trillion sovereign wealth fund, the world’s biggest.

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