Companies see global instability as biggest threat to growth
A majority of Danish companies see instability and uncertainty abroad as the main obstacle to growth next year. In a new survey by the Confederation of Danish Industry (DI) in which companies were…
MoreDenmark lags behind Sweden in GDP
Denmark’s total Gross Domestic Product (GDP) in 2021 was worth $397.1 billion, representing 0.18 percent of the world economy according to official data from the World Bank. The final figure was far less than…
MoreEconomy heading for crisis
The Danish economy, battered over the past few months by rampant inflation, rising interest rates, the energy shortage, and a slowdown in key export markets, already has one foot in a crisis according…
MoreRed/Greens push to solidify left wing following Social Democrats’ desertion
The Red/Green Alliance is ready to support a pure left-wing candidate for prime minister following the Social Democrats’ shift to the right. The far-left party’s parliamentary whip, Peter Hveplund, told Jyllands-Posten that, faced…
MoreCarlsberg still operating in Russia despite pull-out promise
Carlsberg continues to produce and sell beer in Russia. Following the invasion of Ukraine last February the Danish brewing giant dropped investments in Russia, where it employs about 8,400 people, and stopped producing…
MoreSwedish Army buys Danish anti-drone systems
Ahead of Christmas the Swedish Armed Forces signed a deal to purchase anti-drone systems from Danish company MyDefence, for delivery before the end of the year. The portable systems are specifically aimed at…
MoreMore losses for SAS
The threat of bankruptcy continues to hover over loss-making Scandinavian Airlines (SAS). The struggling carrier posted a $48m loss in November, according to a monthly filing with a U.S. bankruptcy court. That was…
MoreAuto sales down but electric cars gain a foothold
Pre-Christmas figures showed that, overall, auto sales slumped in November but electric cars are gaining in popularity, accounting for 1 in 4 of all deals. 13,127 new cars were registered in November, a…
MoreDropped Minkgate probe divides the electorate
Voters are split on the government’s decision not to set up an independent inquiry to investigate Prime Minister Mette Frederiksen’s role in the Minkgate affair. A new Megafon survey for TV2 shows 43%…
MoreEconomy slows as investment, spending falls
Pre-Christmas figures showed the economy slowed considerably in the year’s third quarter (Q3). GDP grew by no more than 0.3 percent, month on month, following a drop in both investment and consumption. On…
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