Vestas settles India deal dispute
Wind energy giant Vestas has reached an out of court settlement with its former chief financial officer Henrik Nørremark. The settlement, which is confidential, is “conclusive and resolves all issues in dispute in multiple jurisdictions”,…
MorePM battles to keep alliance together – new crisis talks
‘Anything can happen in Danish politics’ – the rather startled reaction of political commentators last night after Prime Minister Lars Løkke Rasmussen postponed a crisis meeting of the government alliance parties until after…
MoreAnalyst: New election would be a ‘lose/lose’ situation for Liberals, Conservatives
Prime Minister Lars Løkke Rasmussen will do everything he can to avoid a snap election and prevent the left-wing coming to power, Berlingske analyst Thomas Larsen predicted last night after a long day…
MoreDPP: Denmark should adopt ‘Australian solution’
Denmark should copy Australia’s strict migration laws by setting up offshore asylum seeker processing, according to the Danish People’s Party (DPP) European Affairs spokesman Kenneth Kristensen Berth. In an interview with Australian news…
MoreDenmark will fight to avoid British EU exit
The UK is a major market for Danish exporters but the ‘special relationship’ isn’t built on commerce alone – the two countries also share close political and financial links. From Bloomberg News: Few…
MoreReprimand for Tax Authority
The National Audit Office launched an unprecedented attack on the Danish Tax Authority (SKAT) yesterday for its failure to prevent DKK9.1bn of fraud in the so-called ‘dividend payout scam’. Under double taxation agreements,…
MoreDenmark number 1 in ‘digital performance’.
As last year, Denmark tops the latest Digital Economy and Society Index (DESI) that summarises some 30 relevant indicators on Europe’s digital performance and tracks the evolution of EU Member States across five main dimensions: Connectivity,…
MoreNational debt reduced
The national debt was reduced by DKK445bn ($65.4 billion) last year, the National Bank announced yesterday, forecasting the government’s financing requirement at DKK158 bn this year. The Bank said in a statement: “The…
MorePolish national jailed for robbing Chinese film star
A 33 year old Polish national was jailed for 10 months yesterday after being found guilty of stealing jewellery and cash from Chinese film star Liu Tao’s hotel room in Copenhagen last year. Rafal…
MoreMinister could be canned: Crisis for Løkke
The government is faced with a major headache today after the Conservatives sided with the opposition by expressing no confidence in Minister for Environment and Food Eva Kjer Hansen. The Minister has been under pressure for weeks…
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