EU: Denmark’s trade surplus is a cause of concern
Denmark’s ever-growing trade surplus is causing concern in Brusslels. The European Commission has set up the ‘Macroeconomic Imbalance Procedure (MIP)’, which, according to the Commission, ‘broadens the EU economic governance framework to include…
MoreGoldman Sachs given ‘sweet’ energy deal
Controversial US investment bank Goldman Sachs has been given a ‘sweet deal’ for its multi-billion investment in state-run energy company DONG, Berlingske writes today. Although the DKK8bn stake will only provide the American…
MorePia Kjærsgaard: Justice Minister is a liar
Ex-Danish People’s Party leader Pia Kjærsgaard has launched a full-front attack on Justice Minister Morten Bødskov who she accused of lying in the PET/Christiania affair. PET (Danish Intelligence) boss Jacob Scharf announced his…
MoreHurricane-strength storm approaching
A hurricane-strength storm will hit Denmark later today. Heavy rain and wind in the morning will be replaced by a storm that, according to the Danish Metrological Institute (DMI), will gain strength until…
MoreNew child benefit dispute
The Danish People’s Party (DPP) is demanding answers as to why non-Danish EU nationals automatically have the right to child benefits in this country, without earning them. Both the Justice and Tax ministers…
MoreIraqi torture victims denied their day in court
Amnesty International has criticised Denmark for denying 23 Iraqi prisoners legal aid so they can sue the state for compensation. Secretary General of the organisation’s Danish wing, Normann Jørgensen, said Denmark has an…
MoreMuslims apply for Christmas charity
The Salvation Army has come under fire for giving free Christmas hampers to poor Muslims. The Christian organisation gives away around 8,000 food packages to needy families every year, of which around 10%…
MorePublic debt falling fast
The Danish state is collecting far more revenue than expected, significantly reducing the public debt. The budget deficit could be reduced to around DKK15bn by the end the year, new National Bank figures…
MoreNordic agreement on air transportation cooperation
The Nordic countries have signed an agreement to coordinate air transportation. Defence Minister Nikolaj Wammen wan’t present when his Nordic colleagues signed a ‘Memorandum of Understanding’ (MoU) in Helsinki yesterday as he was…
MoreFLSmidth hit by arbitration award
Global cement company FLSmidth has been forced to downwardly adjust its earnings projection for the year after surprisingly losing an arbitration case at the International Chamber of Commerce (ICC). Much to the surprise…
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