Moody’s Investors Service has downgraded the credit ratings of eight Danish banks – Nordfyns Bank, Sparbank, Sparekassen Farsø, Totalbanken, Tønder Bank, Vestfynsk Bank, Østjydsk Bank and Sparekassen Østjylland – due to a ‘widespread…

Minister for Justice Morten Bødskov has laid out the ground rules for the government-appointed commission that will probe the so-called Taxgate affair. The commission, given a two-year time-frame, has been given a mandate…

Minister of Foreign Affairs Villy Søvndal’s ability to speak recognisable English is again under scrutiny after his press conference alongside US Secretary of State Hillary Clinton in Washington DC last week when he…

New Statistics Denmark figures reflect the lowest level of confidence in the economy since 2009 but a majority of consumers still believe their own finances will improve next year. The latest Consumer Confidence…

As the government mulls over whether to join the eurozone fiscal pact, Danish voters give the joint currency a resounding thumbs-down. A new survey on behalf of Danske Bank shows that 71 per…

Helle Thorning-Schmidt refused to be intimidated by Nikolas Sarkozy at the recent euro summit in Brussels. The British Financial Times has reported how France’s president rejected the Danish Prime Minister’s efforts to mediate…

New figures show that 21 percent of Danish companies are facing bankruptcy in 2012, which means that unemployment numbers are likely to rise in the coming months. As reported in Berlingske Business, a…

The government’s prognosis for the economy (below) has been dismissed as far too optimistic by some of Denmark’s leading banks, even though growth projections have been reduced for both 2011 and 2012. Handelsbanken’s…

The Minister for Transport Henrik Dam Kristensen (Social Democrats) was called to a meeting yesterday of the Liberal Party and the Danish People’s Party Transportation Committee to discuss why the price of public…

After receiving poor ratings in opinion polls and making several recent political missteps, Socialist People’s Party chairman Villy Søvndal now openly admits that SPP has found it difficult to take the helm as…