Record-high profit for Danske Bank
Denmark’s biggest bank, Danske, delivered its best full-year result ever on Friday. Net profit reached DKK 20.9bn ($3.5 billion), which was the high end of the bank’s target range for the year. Back…
MoreDanish companies digital front runners
Danish companies are leading the way in digitilisation. A new Statistics Denmark report, based on a survey by Eurostat, shows 42 percent of Danish companies have a ‘high’ or ‘very high’ degree of…
MoreThe Week That Was, January 27th – February 4th 2018
Politics/Economy: During a two-hour parliamentary consultation about his links to fishing industry ‘quota kings’, Wednesday, Prime Minister Lars Løkke Rasmussen defended his right to a ‘private life’ and questioned the hearing’s right to…
MoreRussia’s ambassador blasts Denmark’s ‘surreal’ defence policy
Using the Russian threat to justify a massive increase in defence spending is ‘pure surrealism’, Russia’s ambassador to Denmark, Mikhail Valentinovich Vanin, said yesterday after a cross party majority agreed to spend an…
MoreLegal experts question Løkke’s defence in favours for fish affair
Legal experts have denounced Prime Minister Lars Løkke Rasmussen’s evasive responses to a parliamentary consultation about the fishing quotas affair. During a two-hour grilling about his links to fishing industry ‘quota kings’, Wednesday,…
MorePM has mixed official duties with charitable work
Despite his denials Prime Minister Lars Løkke Rasmussen has on a number of occasions mixed work for his charitable Løkke Foundation with official duties as prime minister. Following Wednesday’s ‘favours for fish’ parliamentary…
MoreIsraeli Embassy denouces biased reporting of Gaza situation
Israel’s deputy ambassador to Denmark, Eyal Lampert, has urged left-leaning daily Politiken to ‘check its facts’ when reporting on the humanitarian situation in Gaza. In response to a recent editorial critical of his…
MoreMuslim school ordered to repay DKK16m in state funding
The controversial Iqra Muslim free school in Nørrebro, Copenhagen, has been ordered to reimburse the state DKK16.2m (€2.1m) in state subsides. Funding for 2018 has also been withheld. The National Board of Education…
MoreCyber theft up 60%
Danish consumers have embraced digital banking and swipe credit cards with no pin code but at a cost – the technological advances have coincided with a substantial increase in cyber theft. Bloomberg News…
MoreDanish feta isn’t feta
Danish dairy firms stand accused of violating EU law by selling cheese marked as “feta”, reigniting an old dispute between Denmark and Greece. According to Euronews the European Commission has reportedly submitted a…
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