Public sector deficit halved but economists urge government to keep a tight rein on spending
Although the public sector deficit fell to DKK18.6bn last year (€2.5bn), from DKK33.6bn (€4.5bn) in 2015, leading economists have warned the government not to lose sight of its plan to gradually tighten fiscal…
MoreGovernment tempts Nordea
Finance Minister Brian Mikkelsen has issued an open invitation to the Nordic region’s largest retail bank, Nordea, to move its headquarters to Copenhagen . Nordea has threatened to move its main offices from…
MoreCautious growth projection from Danske
Denmark’s biggest bank, Danske, has upwardly adjusted its growth projection for the Danish economy. In its latest economic outlook the bank projects 1.7% for 2017, slightly up on its previous forecast of 1.5%….
MoreEU approval for prestigious windfarm project
The EU has approved Danish subsidies for a proposed offshore windfarm in the Danish section of the Baltic Sea, seen as a showcase for Denmark’s role as a leader in wind energy. Danish…
MoreGerman – Danish ‘power’ struggle
Germany and Denmark are mired in a dispute about electricity and power cables linking the two countries. Germany cut import capacity from mainland Denmark by 89 percent on average last year, the most…
MoreBusiness shorts
Pandora expands in Thailand / Multi-billion profit for LEGO family / Airbnb outstrips hotel industry Pandora: Jewellery giant Pandora continues to invest heavily in Thailand despite the continuing political turbulence in the country….
MoreEx-NATO boss on Russian gas pipeline: Just say no
It would be ‘madness’ to allow the Russian-owned Nord Stream 2 to pass through Danish territorial waters, ex-NATO Secretary General Anders Fogh Rasmussen said in an interview with DR2 as the state-owned company…
MoreCoalition MPs threaten Turkey with exclusion from NATO, EU
Turkey should be thrown out of NATO if President Ergodan fails to respect democracy, the Conservatives’ foreign affairs spokesman Naser Khader said last night as he urged the EU to suspend Turkish accession talks….
MoreIntegration Minister decries 30 years of failed immigration policy
Denmark has been too soft on immigrants over the past 30 years and is now paying the price, Inger Støjberg said in a hard-hitting op-ed article in tabloid daily BT, Monday. The integration…
MoreFinance Minister: We won’t pay more to EU after Brexit
Great Britain’s pending exit from the EU will lead to a shortfall in funding that could threaten Denmark’s annual €130m rebate on membership of the union but Finance Minister Kristian Jensen is determined the…
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