Retail sales up but consumer confidence down
Denmark’s retail sales rose for the second straight month in November, figures from Statistics Denmark showed Monday. Retail sales rose 0.8 percent month-on-month in November, same as in the previous month. In September,…
MoreMaersk re-thinks strategy after oil drops to $60
The dramatic fall in the price of oil has forced A.P. Moller-Maersk (APM) to re-think its business strategy. Although Denmark’s biggest company has cut operating costs significantly over the past few years, earnings…
MoreVestager will monitor Maersk Line alliance
The EU’s new Commissioner for Competition, former Social Liberal leader Margrethe Vestager, intends to keep a close eye on the new mega-alliance in the container industry between the two biggest container carriers in…
MoreDenmark drops out of ‘rich man’s club’ as prosperity falls
The past few years’ crisis has fuelled one of the most severe economic downturns in Denmark’s history – prosperity, in terms of GDP, has fallen by 7 per cent since 2007 after years…
MoreDeputy PM decries welfare state mentality
Social Liberal leader Morten Østegaard has signalled further division within the government by decrying the ‘welfare state mentality’ in this country which encourages people to demand more and more from the state instead…
MoreGovernment refuses to meet Dalai Lama
No government officials will be meeting the Dalai Lama when he comes to Denmark in February. Foreign Minister Martin Lidegaard said the government’s policy is very clear: The best way to help the…
MoreDPP: Government too soft on returning jihadists
The government is far too soft on returning jihadist fighters, according to the Danish People’s Party (DPP) who have now put forward their own proposals to deal with the growing problem. The party’s…
MoreMore bombings in Malmø
Copenhagen’s near Swedish neighbour, Malmø, was rocked by two exploisions, early Saturday , the latest in a series of excplosions that have hit Sweden’s third-biggest city this year. From the Associated Press: The…
MoreBusiness shorts
DONG Energy wins UK deal/EU approval for Novo DONG: DONG Energy is to construct the offshore wind farm Burbo Bank Extension located 8 km off the United Kingdom coast in Liverpool Bay, UK….
MoreThe Week That Was, December 15th – December 21st 2014
Politics/Economy With an election approaching in 2015, centre-right leaders continue to suffer poor personal approval ratings – Liberal leader Lars Løkke Rasmussen was given a ‘C-’grade in a new survey, slightly worser than…
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