EU stress test ‘no problem’ for Danish banks
Leading Danish banks will sail through the EU’s upcoming stress test of banks, Danish National Bank Governor Lars Rohde told the annual general meeting of the Danish Bankers’ Association yesterday. He said the…
MoreDenmark could increase exports by DKK100bn
Danish exporters enjoy success in the Nordic countries, USA, and other prosperous countries but under-perform in Eastern Europe, non-EU countries, and Africa. A new study by DI, The Confederation of Danish Industries, claims…
MorePrivate sector still struggling with crisis – bancruptcies up again
582 businesses filed for bankruptcy in November, an 8% rise on October. Despite post-summer optimism the figures are now approaching the disastrous level of 2012 – 4,766 companies went bust during the first…
MoreLundbeck will grow despite losing money-spinner says CEO
Danish pharma giant Lundbeck believes it will have doubled in size by 2020, despite the financial pain of losing patent protection on its leading product, and ‘cash-cow’, Cipralex next year. The antidepressant accounts…
More‘Denmark needs skilled immigrants’ – but keeps deporting them
Denmark’s strict requirements for residency are again under fire after a Chinese national was ordered to leave the country. Although 30-year-old Yuying Zhang fits the description of the skilled immigrant that politicians constantly…
MoreMaersk under investigation in Russia
The Russian competition authority FAS, the Federal Antimonopoly Service, has launched proceedings against a total of 13 carriers suspecting of coordinating prices, including the A.P. Møller subsidiary, Maersk Line. The FAS and the…
MoreThe Week That Was, November 25th – December 1st,2013
Politics/Economy Prime Minister Helle Thorning Schmidt expressed satisfaction with the government’s budget deal with the Liberals and Conservatives, despite previously stating that her preference was a ‘red’ based agreement with the Red/Greens. Commentators…
MoreFormer Egypt Ambassador on Mohammed crisis: ‘No regrets’
Egypt’s ambassador to Denmark during the Mohammed cartoons crisis eight years ago still fails to understand why prime minister at teh time, Anders Fogh Rasmussen, refused to enter into dialogue with Muslim ambassadors….
MoreIntelligence boss has to go says DPP
While the opposition in general are unhappy with Jakob Scharf, head of the Danish Security and Intelligence Service, the Danish Peoples’ Party has gone one step further and demanded that Justice Minister Morten…
MoreSocial Democrats will fight blue majority with politcal results
If there was an election now the opposition would regain power with a 91-84 seat majority, according to the findings of a new Voxmeter opinion poll for Jyllands-Posten. The Social Democrats’ policy spokesperson, Magnus Heunicke,…
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