Danish activists detained in Greece
One of the five Danish activists detained on the Danish -Canadian boat Tahrir in Crete said negotiations are ‘ongoing’ with the Greek government. Former head of city planning at Copenhagen Town Hall Gunnar…
MoreGaddafi is no threat
Libyan dictator Muammar Gaddafi’s threat to launch counter attacks against Europe hasn’t encouraged the Danish authorities to raise the threat level in this country. Minister of Justice Lars Barfoed said he was confident…
MoreNew credit crunch will hit economy
A new credit crunch could be on its way to Denmark. A new business analysis from Danske Markets, the investment banking brand of Danske Bank, shows that both companies and private customers are…
MoreExport optimism
Despite the recession, the export sector hasn’t been as optimistic about the future than before the financial crisis. A survey of the 328 business leaders shows export growth expectations of over 9% during…
MoreWe want pepper sprays
61% of the public would like to see the use of pepper-sprays legalised, a new Gallup poll shows. Even though sprays are freely available south of the border in Germany, politicians and the…
MoreCustoms officers ready to go as border control bill is passed
Fifty new customs officers will be patrolling Denmark’s borders tomorrow after the opposition lost a parliamentary vote to annul the government’s proposal for increased border control. Only 50 MP’s supported the opposition’s proposal…
MoreMoody’s ravages mortgage lenders
International credit ratings agency Moody’s has given the thumbs down to the Danish financial sector by downgrading major mortgage lenders Nykredit and BRF. Although Nykredit has tried to fight the growing international doubts…
MorePrivate spending remains low as savings increase
Danes’ willingness to spend money continues to be hit by rising prices, higher taxes, low wage hikes, and the prospect of an increase in interest rates. Private spending fell by 1% in May…
MoreIndustry back on track
The Danish industrial sector is finally showing signs or recovery. After activity slowed dramatically in May, June figures from the Logistics and Purchasing Forum (PMI) show that orders increased, leading to 4.3% growth….
MoreMinister remains upbeat despite recession
Minister of Finance Claus Hjort Frederiksen has cast doubts on new Statistics Denmark figures confirming that the Danish economy is in recession. (http://seven59.dk/recession-%e2%80%93-and-thats-official). Although the country has experienced negative growth for the two most recent financial…
More