National Bank raises deposit rate to maintain euro link
The National Bank, as forecasted, increased its deposit rate on Thursday to minus 0.65 percent from minus 0.75 percent in a rare but expected move independent of European Central Bank action, to keep…
MorePandora plans global expansion
Danish jewellery maker and retailer Pandora said on Thursday it plans to add between 200 and 300 stores a year between 2016 and 2018 after sales jumped by 40 percent in 2015, Reuters…
MoreSchengen agreement must be safeguarded says EU Commissioner
During talks in Brussels, Wednesday, ministers from Denmark, Germany, and Sweden agreed that more must be done to stop migrants entering Europe from Turkey and at the same time expressed hope they would…
MoreDenmark ready to impose ID checks as asylum requests escalate
Denmark could ask German transport carriers to carry out ID checks on all travellers heading for Denmark, Integration Minister Inger Støjberg said after yesterday’s Brussels meeting with her German and Swedish counterparts. She…
MoreLiberals decry Sweden’s ‘irresponsible’ immigration policy
The ruling Liberal Party has lashed out at Sweden’s ‘irresponsible’ immigration policy which, according to spokesman Marcus Knuth, has ultimately created a ‘huge headache’ for Copenhagen. Both countries introduced temporary border controls on Monday,…
MoreRise in asylum seekers after border control
The Danish authorities registered 208 asylum seekers during the first two days of border control, a significant increase on the preceding period. The Immigration and Integration Ministry publishes the figures on a daily…
MoreIntegration minister ready to reassess ‘Nazi’ proposal
Integration Minister Inger Støjberg has declared herself willing to reassess the government’s proposal to confiscate refugees’ cash and valuables to fund their stay in Denmark, a move that has prompted international outrage and…
MorePM condemns North Korea’s bomb test
North Korea’s claim to have successfully carried out an underground hydrogen bomb test has been met with condemnation by Prime Minister Lars Løkke Rasmussen. He said if the rogue nation has, as claimed,…
More40 smoking-related deaths every day – no problem say politicians
Nearly 14,000 people die in this country every year as a result of Denmark’s relaxed smoking policy. A new survey by the National Board of Health, the Danish Cancer Society, and the Heart…
MoreDrop in foreign exchange reserves indicates interest rate hike
Foreign exchange reserves fell in December by almost DKK50 bn, the biggest drop since the Lehman Brothers collapse rocked global financial markets in 2008, indicating a rate increase may be on the horizon….
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