Banks’ earnings hit by cheap mortgages
Danish homeowners have taken advantage of ultra-low interest rates to pay down mortgages worth DKK137bn, the biggest refinancing wave yet. Although Governor of the National Bank Lars Rohde said last month that large…
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Danish pension funds embrace Paris Agrrement / Lego family top rich list..again / More problems for Bang & Olufsen… The majority of Danish pension funds are considering the Paris Climate Agreement in their…
MoreDenmark says no to migrant deal
Denmark has declined to join a temporary arrangement for the relocation of migrants rescued in the Mediterranean. During talks in Malta last month France, Germany, Italy, Malta and Finland agreed to share migrants…
MoreDKK50m to minesweeping, reconstruction efforts in Northern Syria
Just as US troops are preparing to pull out of Northern Syria the Danish government has committed an extra DKK50m ($6.3m) to mine sweeping efforts in the region and reconstruction of basic infrastructure,…
MoreForeign Minister concerned about US pullout in Syria
Foreign Minister Jeppe Kofod has expressed his ‘deepest concern’ about the withdrawal of US troops from northern Syria, which could lead to a Turkish offensive in the Kurdish-controlled region. He said in a press…
MoreBoris calls Mette
Prime Minister Mette Frederiksen received a phone call from her British counterpart Boris Johnson, Monday, concerning Britain’s recent proposals for its departure from the EU According to a Ministry of State press release…
MoreFinance Minister lobbies for green budget with red and blue parties
The government held the first round of meetings with all parties yesterday regarding the 2020 budget. Finance Minister Nikolaj Wammen held informal talks with the centre-left allies – the Social Liberals (Radikale), Socialist…
MoreDKK350m for global health fund
The Global Fund, a partnership designed to accelerate the end of AIDS, tuberculosis and malaria, has expressed its gratitude to Denmark for a new pledge of DKK350m ($51m) – a 16.6% increase over…
MoreNordea: Economic growth fuelled by industrial production
Economic growth in this country outstripped Denmark’s most important trading partner over the first six months of the year – 2.3% compared to 0.6% in Germany. According to Jan Størup Nielsen, senior analyst…
MoreEnergy agency inks California deal
The Danish Energy Agency (DEA) has signed a deal with its counterpart in California to develop closer cooperation in energy efficiency and the development of offshore wind generation in the US state. California…
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