Rising inflation and war fuel consumer pessimism
Consumer pessimism, fuelled by galloping inflation and the Ukraine crisis, is reflected in declining retail sales that fell 1.2% month-on-month in February, after 5% growth in January. Statistics Denmark said the decline in…
MoreThe Week That Was, March 21st – 27th 2022:
Ukraine crisis: On the sidelines of the NATO summit in Brussel, Prime Minister Mette Frederiksen characterised the Ukraine crisis as a ‘moment of destiny for the whole of Europe’ and Denmark is ‘ready…
MorePM: ‘Europe’s moment of destiny’
Prime Minister Mette Frederiksen has characterised the Ukraine crisis as a ‘moment of destiny for the whole of Europe’. Speaking at the NATO summit in Brussels, Thursday, she said ‘Putin has threatened our…
MoreGovernment ready to send more weapons to Ukraine
Denmark has sent 2,700 anti-tank weapons to Ukraine and is ready and willing to send more, Prime Minister Mette Frederiksen said on the sidelines of the NATO summit in Brussels. After the war-torn country’s…
MoreU.S. warships in Copenhagen
Two U.S. warships – the ‘Donald Cook and the ‘Sullivans’ – have been tied up in Nordhavn harbour, north Copenhagen, since Monday but the U.S. Navy’s presence in Denmark has nothing to do…
MoreGovernment cuts refugee spending
The government has cut DKK 230m from the DKK 300m earmarked this year to help refugees, a move that could seriously affect the ruling Social Democrats’ hopes of setting up ‘reception centres’ in North…
MoreGalloping inflation could trigger recession
Rapidly-rising inflation, partially fuelled by Russia’s invasion of Ukraine, will lead to extra expenditure for the average Danish household of around DKK22,000 ($3,300) this year according to a new economic projection by the…
MoreNew party could decide election outcome
Ex-prime minister Lars Løkke Rasmussen’s new, centrist Moderates Party could play a kingmaker role at the next general election. A new Megafon poll for TV2 shows the ‘red’ bloc – the government and…
MoreVirus updates
5,408 new corona cases were confirmed, Wednesday, as 20.16 % of the 26,819 PCR tests taken over the 24-hour period came back positive. The number of people hospitalised rose by 27, to 1,324,…
MoreNew corruption problems for brewing giant
Carlsberg is suspected of widespread corruption in Belarus. Berlingske reports this morning how a new internal audit of the Alivaria brewery in Minsk, owned by the Danish brewing giant since 2006, indicates a…
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