Google, Apple….now Vestager targets IKEA
IKEA is the latest multinational to come under investigation by Danish Competition Commissioner Margrethe Vestager. The probe will reveal whether favourable tax rules in Holland have given the global furniture giant an unfair…
MoreMore funding for tax overhaul
The National Tax Department (SKAT) has received an additional DKK5.5bn in the 2018 budget to fund a significant administrative overhaul. The money comes on top of the DKK5bn already allocated towards the changes last…
MoreDanish companies lead the way in productivity
Denmark has the highest proportion of extremely productive companies in the EU: 42% of all Danish businesses feature amongst the top 20% in terms of productivity. According to the European Investment Bank’s (EIB) Investment…
MoreBusiness shorts
Israel’s prime minister summons Danish CEO to crisis meeting / Danske Bank buys out Swedish pension assets / Passenger figures down at Copenhagen Airport Kare Schultz, one of Denmark’s most succesful business executives…
MorePESCO exclusion could cost Denmark billions
Denmark’s exclusion from the European Union defence pact (PESCO) could cost the country billions in lost jobs and investments, industry insiders have warned. The European Council has adopted the decision to establish a…
MoreParliament approves fighter jet spend but final costs remain unknown
Parliament’s Finance Committee has officially sanctioned the Danish Air Force’s DKK 16bn ($2.5bn) purchase of 27 new F-35 Joint Strike Fighter (JSF) jets to replace its ageing fleet of F-16s, thereby putting the seal…
MorePM criticises EU refugee quota programme
Forcing EU member countries to take obligatory quotas of refugees and asylum seekers ‘doesn’t work’, Prime Minister Lars Løkke Rasmussen said at a Brussels summit, Friday. He said instead of talking about how to re-distribute ‘the…
MoreMette Frederiksen is the voters’ choice for prime minister
In a new Wilke popularity poll, 33% of the electorate say they would prefer to the Social Democrat leader to lead the country, compared to only 25% for the current incumbent, Lars Løkke…
MoreNew U.S. ambassador promotes Trump’s economic agenda
57-year-old former actress Carla Sands presented her credentials to Queen Margrethe, Friday, and was thereby formally accredited as U.S. Ambassador to Denmark. After leaving Amalienborg Palace Ms Sands acknowledged the difficulty in following in the footsteps of…
MoreDanish journalists attacked in Gabon
A Danish journalist is in critical condition after he was wounded by an attacker wielding a knife and crying “Allahu Akbar” in Gabon’s capital Libreville, Saturday. A fellow female journalist was also stabbed…
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