Rise in welfare claimants
The number of people claiming some form of social security is on the rise after falling for years, a result of the retirement age being raised which has led to more early retirees…
MorePolice fear for CEO’s life
Estonian police fear a former Danske Bank executive’s life could be at risk. Aivar Rehe, who was the chief executive officer of the Danish bank’s Estonian branch in 2006-2015 during the money laundering…
MoreBusiness shorts
Medical cannabis expansion / Vestas signs Greece deal / US approves Bavarian’s monkey pox vaccine….. The Egehøj Champignon company is replacing mushrooms with cannabis. The Funen-based form has signed an agreement with Canadian…
MorePM: Denmark will lead on climate
Prime Minister Mette Frederiksen has vowed that Denmark will lead the way in the fight to resist climate change. In a speech to world leaders at the UN Climate Action Summit in New…
MorePension funds pledge DKK350bn to support government’s climate target
Danish pension funds have promised to invest a whopping DKK350bn ($530m) in green conversion over the next decade to support the government’s target of a 70% reduction in CO2 emissions by 2020. Prime…
MorePM discusses green growth with Korean president
Prime Minister Mette Frederiksen held talks with South Korea’s President Moon Jae-in on the sidelines of the UN Climate Action Summit in New York, Monday. The two leaders discussed cooperation on green growth,…
MoreMore fraudsters revealed in multi-billion share-dividend scam
British businessman Sanjay Shah isn’t the only person involved in the DKK12.7bn share dividend scandal, Denmark’s biggest-ever tax fraud. The Dubai-based 49-year-old Shah is suspected of being the kingpin behind the massive fraud…
MoreGerman bank fined DKK110m in first share scam ruling
Germany’s North Channel Bank has been fined DKK110m ($16.2m) by Glostrup District Court in Denmark for its role in the share dividend scandal that cost the Danish state DKK12.7bn. The Public Prosecutor said…
MoreRussian military monitors Denmark
The Russian military will carry out four days of inspections in Denmark this week in accordance with the 2011 Vienna Document, following similar check-ups in Latvia, the Russian state-owned news agency Tass reported,…
MoreDanske Bank boss disappears
The former head of Danske Bank’s branch in Estonia, heavily implicated in the multi-billion-dollar money-laundering scandal, has gone missing Aivar Rehe, who was the chief executive officer of the Danish bank’s Estonian unit…
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