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Norway Today

Norwegian news in English

Friday, November 22, 2024

Bergen Faces Major Budget Cuts Amid Crisis

Published: 2024-10-30

Bergen, Norway's second-largest city, is grappling with a severe financial crisis, prompting the city council to propose budget cuts exceeding half a billion kroner for 2025. Despite these measures, the city is projected to face a deficit of 478 million kroner, with potential losses reaching 900 million kroner by the end of 2024. The financial strain is attributed to unmet state funding promises, rising interest rates, and high energy costs.

Key areas like education and elder care are prioritized for funding, while other services face reductions.

The budget proposal has sparked public protests, particularly over cuts in the education sector.

Finance Commissioner Jacob Mæhle emphasizes the need for clear prioritization to stabilize Bergen's economy.