Business shorts
National Bank sells kroner to defend euro parity /DONG loses New York bid / Biotech start-up bought by Japan Bank: Denmark, the world-record holder in negative rates, appears to offloading kroner in its first…
MoreDenmark has highest prices in EU
Denmark has the highest price level in the EU – and that’s official. A new consumer purchasing power survey shows prices in this country are 36% above the EU average, while in Bulgaria the price level…
MoreBerlin, Ankara
Yesterday’s tragedies in Berlin and Ankara dominate the headlines in today’s Danish newspapers. 7:59 does not report on international events as, naturally, there is deeper and more extensive coverage on the internet in…
MoreThorning-Schmidt’s ‘fat cat’ salary
Former Danish prime minister Helle Thorning-Schmidt is named as one of the charity bosses in the UK ‘creaming off huge six-figure salaries and hefty bonuses’ from British foreign aid from money aimed at…
MoreGovernment will combat rising protectionism
Finance Minister Kristian Jensen has warned the government will fight the rise of rise of protectionism highlighted this year by Donald Trump’s victory in the USA and the Brexit vote in the UK….
MoreFinance Minister: Britain’s exit will shrink EU budget
Finance Minister Kristian Jensen has warned that the EU will need to get by on a reduced budget after Great Britain leaves the UK. In an interview with Bloomberg News he said no…
MoreApple challenges Vestager
Apple has launched a legal challenge to a record $14 billion EU tax demand from the EU Competition Commission, headed by Denmark’s Margrethe Vestager who claimed in August that the company’s tax deal in Ireland, where…
MoreIslamists hired to test new IT system
Questions are being asked as to why two leading members of the Islamist Hizb-ut-Tahrir organisation, outlawed as a terrorist group in many countries, were employed by the National Hospital (Rigshospital) until recently. Spokesman…
MoreDPP calls for ban on left-wing extremists
The Danish People’s Party (DPP) has urged the government to investigate the legal possibility of banning violent, left-wing groups. In response to recent clashes between the anti-Islam ‘For Freedom’ (formerly Pegida) organisation and…
MoreIndia launches new extradition demand for arms dealer
The Justice Ministry has received a new request from India to extradite a Danish arms dealer. Niels Holck, known under the alias of Kim Davey in India, has successfully avoided deportation since the…
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