Norway The Gulf Stream has this effect only on the northern parts of Norway, not in the south, despite what is commonly believed. The northern coast of Norway would thus be ice-covered if not for the Gulf Stream. As a side-effect, the Scandinavian Mountains prevent continental winds from reaching the coastline, causing very cool summers throughout Atlantic Norway. Oslo has more of a continental climate, similar to Sweden's. The mountain ranges have subarctic and tundra climates. There is also very high rainfall in areas exposed to the Atlantic, such as Bergen. Oslo, in comparison, is dry, being in a rain shadow.
Cooperatives of Norway late 1980s these were allowed to create stocks, or "grunnfondsbevis", to increase their capital. This has led to a lot of the banks being partially private and no longer cooperatives. Still, many of the smaller bank have remained as true cooperatives. Formally the banks are considered self-owning and not customer owned. Cooperatives of Norway Cooperatives of Norway have been created to represent the interest of either customers or suppliers. Areas with cooperatives include retailing, food manufacturing, banking and insurance. Most cooperatives are registered as BA entities. Coop NKL, part of Coop Norden, is the second largest retail group in Norway,