New Mohammed cartoon controversy
An anti-Islam organisation has lost a legal battle and been ordered to pay DKK150,000 for illegal use of the Mohammed cartoon that sparked off riots throughout the Muslim world five years ago. Anders…
MoreDanish interest rate at all-time low
The Danish National Bank has lowered its prime-lending rate to 1.20%, the lowest ever and the first time time that the Bank’s rate has fallen under the eurozone level. Sydbank senior economist Jacob…
MoreGovernment publishes budget proposals
The government’s proposals for next year’s budget include a long list of social initiatives aimed at distancing the new coalition from its predecessor. The main points: An expected deficit of DKK95bn in 2012,…
MoreBudget will cost people money says opposition
The government’s budget proposals will cost people money and definitely won’t encourage consumers to start spending and get the economy turning again. That was the verdict from the Liberals’ finance spokesman Peter Christensen who said…
MoreRetirement reform will create even more unemployment
The much discussed early-retirement reform could send another 25,000 people into the unemployment queue, according to the ‘wise men’ of the Economic Council in their latest report. The qualifying age for early retirement…
MoreFamilies abuse au pair scheme
Young Philippine women working as au pairs in Denmark get no more than DKK3,050 a month, with food and lodging, for looking after kids, shopping, cleaning, and serving food for the family –…
MoreAir travel prices hit historic low in Denmark
Good news for travellers – new figures from the Danish Air Price Index show big falls in the price of air travel from this country. For an average price of just 4.284 DKK,…
MoreProfessor sceptical about environmental investment
Leading authority on environmental investment, Professor Eirik S. Admundsen of Copenhagen and Bergen Universities, has urged caution over the government’s proposals to heavily invest in alternative energy sources. The government’s so-called kickstart package…
MoreEconomic experts paint bleak picture for the Danish economy
Today’s publication of the Economic Council’s half yearly report makes for some grim reading. The report, seen often as the most authoritative and independent available here, spells out that there is no sign…
MoreDanish ambassador: This is a Greek drama
Tom Nørring, the Danish ambassador in Athens, stressed today that the current political situation in Greece represented a serious crisis, whose outcome remained uncertain. In remarks to the press, Nørring observed that Finance…
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