Norway's PM to resign

Oslo - Norway's Labour Prime Minister, Mr Jens Stoltenberg said yesterday he would resign, paving the way for a tax-cutting, …

Oslo - Norway's Labour Prime Minister, Mr Jens Stoltenberg said yesterday he would resign, paving the way for a tax-cutting, centre-right coalition government to take office later this week.

Mr Stoltenberg, who saw his Labour party suffer its worst general election result in 90 years on September 10th, formally presented his resignation to King Harald at an extraordinary session of the council of state.

He said his decision to step down followed a coalition pact between the Conservative Party, the Christian Democratic Party and the Liberal Party - with the necessary backing from the far-right Progress Party to gain majority.