Nearly 10,000 have lost the right to unemployment benefits
9.649 long-term unemployed have already lost their right to unemployment benefits since the eligibility period was shortened on January 1st. Based on the figures, the Employment Ministry projects that between 17,000 and 23,000…
MoreThorning’s job-scheme ‘a fiasco’
The Danish Metalworkers Union (DMU) has dismissed the government’s emergency jobs scheme as a ’complete’ fiasco’ and ‘embarrassing’. When Prime Minister Helle Thorning-Schmidt launched the scheme last year, aimed at pushing those who’ve…
MoreRecord day of trading on stock exchange
Telecom company TDC led the way, Tuesday, as Copenhagen Stock Exchange experienced another record day of trading. The trend-setting C20 index closed at an all-time high of 588.7, boosted by positive news from…
MoreHuman Development Report 2013
Minister for International Development Cooperation Christian Friis Bach and UN Under-Secretary-General / UNDP Associate Administrator Rebeca Grynspan will launch the Human Development Report 2013: The Rise of the South: Human Progress in a…
More‘Red’ government ‘blue’ on the inside
The Danish government may appear ‘red’ on the outside but it’s the well-heeled middle class who are reaping the rewards of the tax relief dished out since the 2011 election. A new report…
MoreSix Danes are members of $$$ billionaires club
Six Danes are on this year’s Forbes list of billionaires, an annual ranking of the world’s wealthiest people compiled and published by American national business magazine Forbes. According to Forbes, there are 1,426…
MoreAfrican entrepreneurs: Danes are lazy
Danes are a nation of lazy people who can’t be bothered working – at least according to a Nigerian couple who own a small Copenhagen-based cleaning company profiled in a new TV reality…
MoreGovernment’s policies are ‘socially unjust’ says DPP
The Danish People’s Party (DPP) has launched an attack on the government’s ‘misguided’ economic policy. Party leader Kristian Thulesen Dahl dismissed the proposed stimulus package and plans to cut student grants and welfare…
More3 out of 4 companies don’t pay tax
It appears unlikely that the business sector will reap any reward from the government’s proposal to lower corporate tax – three out of four companies in this country don’t even pay tax. In…
MoreDenmark seeks $1bn in back taxes from Microsoft
The Danish tax authorities have hit US software giant Microsoft with a tax demand of DKK 5.8bn ($1.01bn). According to DR News, the Danish tax department, SKAT, is in negotiations with the US…
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