Norway downplays cbank critique of state ownership

Reaction in Norway's Labour government to central bank governor Svein Gjedrem's sharp criticism of state ownership in Norwegian companies has been muted so far. A spokeswoman for the Finance Ministry said Feb 16, 2001 there are no plans to issue an official reaction to Gjedrem's annual address late on Feb 15, which listed several "shortcomings" in the way state ownership has been handled.However, Finance Minister Karl Eirik Schjoett-Pedersen told business daily Dagens Naeringsliv that he does