The Finnish Ministry of Defense is looking into two Russian fighters violating Finnish airspace.
Interest rates in Norway were lifted by 50 basis points to 1.75 percent, the highest level since March 2012.
According to Sky News, the Norwegian Central Bank stated that interest rates might be raised again in September due to strong inflation.
In July of last year, the consumer price index was 6.
With the surge in food and beverage costs, yearly growth has reached 8%, the largest rate since July 1988.
According to data, Norway’s economy increased by 0.7% on a quarterly basis during the second quarter, in line with predictions, aided by the rebound of the services sector.
The world’s main central banks have tended to tighten monetary policy and hike interest rates at high rates in recent years in order to contain unprecedented inflation rates over several decades.
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