Word: kroner
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Dates: during 1972-1972
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...trade is with Common Market countries, and outside the EEC Norway will find new tariff barriers for its exports of fish products, paper and metal alloys. In a belated attempt to curb anti-EEC momentum, Socialist Premier Trygve Bratelli, 62, who had risked his reputation and millions of government kroner on pro-EEC propaganda, threatened to resign if the EEC was spurned...
After the vote last week, Bratelli's threat became a reality. The diverse elements that combined to defeat EEC membership now face the difficult task of forming a caretaker government at a time when the country's economic future is uncertain. Norwegian kroner fell on foreign exchange markets, and some prices on the Oslo stock exchange registered their largest drop since World War II. Jubilant anti-Marketers danced in victory, but depressed industrialists predicted that it would take at least a year to negotiate a preferential tariff agreement with...