Finance Minister joins ‘Breakfast Club’
Finance Minister Bjarne Corydon was officially initiated as a member of the Social Democrats’ ‘Breakfast Club’, Wednesday, an insider ‘invitation-only’ organisation of party powerbrokers. Members of the Club, made up of top party…
MoreEconomy: Upswing on hold until housing market recovers
The Danish economy continues to tread water and is still waiting for any sign of an upswing. In its latest Economic Outlook Scandinavia’s biggest financial institution, Nordea, projects that low growth of 0.4%…
MoreNordea: Sweden leads the way, Denmark lagging behind
Pan-Scandinavian bank Nordea predicts that Sweden will be the growth locomotive in the Nordic region over the next few years, with Finland, Norway, and Denmark, trailing behind. In its Economic Outlook 2014, published…
MoreStock market defies crisis
Five years of economic crisis don’t appear to have affected the Danish stock market – in fact, quite the opposite. Since 2008, Danish shares have risen by an impressive 228%, far in excess…
MoreHomeowners still struggling with debt
41 per cent of homeowners in this country have negative equity. Although buyers can only borrow up to 80% of a property’s market value, a new Nordea Kredits report shows that over four…
MoreDanish security company coughs up DKK970m
Danish-British G4S, the world’s biggest security company, has struck a deal with the British government regarding its excessive billing for electronic tags on criminals. G4S has agreed to repay a total of DKK970m…
MoreThorning challenges welfare tourism
Prime Minister Helle Thorning-Schmidt has signalled a change in government policy by warning that Denmark will make a greater effort to combat welfare tourism. At a Ministry of State press conference, Tuesday, she…
MoreDenmark doomed to lose EU battle
There’s no doubt that Prime Minister Helle Thorning Schmidt – and Finland – will lose the battle with Brussels about the right to maintain domestic unemployment rules for EU migrant workers. That’s the…
MoreThorning’s turnaround is a wise move says analyst
Prime Minister Helle Thorning-Schmidt’s turnaround on the thorny issue of EU citizens’ right to Danish welfare is a ‘wise move’, Berlingske commentator Thomas Larsen said yesterday after the PM announced that Denmark is…
MoreEU social benefits: Thorning picks her fights says analyst
Prime Minister Helle Thorning-Schmidt is ready to challenge the EU Commission on a number of welfare issues where Danish and EU law are in conflict, but not child allowance – so what’s the…
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