Eurozone pact may require a constitutional amendment
In the discussions about whether Denmark should join the Eurozone’s fiscal pact, which aims to control the current European debt crisis, one significant aspect has been overlooked – whether the new economic policy…
MoreNew figures re-heat poverty debate
New labour ministry figures show that the husband or wife in a couple with children claiming social benefits would have to find a job paying DKK29.600 per month to make it attractive to…
MoreEuropean debt crisis could echo the 1930s
If the international community cannot stand together now, there is a risk of rising protectionism and isolation – creating an economic situation similar to the 1930s, which led to the Second World War….
MoreState may be charged damages for water pollution
After repeatedly criticising successive governments for not limiting the use of agricultural pesticides, the Danish Water and Wastewater Association (DANVA) is now considering a legal claim against the state for damages. DANVA is highly…
MoreInterest rates heading for zero
The Danish National Bank cut its key interest rate and interest on Certificates of Deposit (CD) by 0.10 percentage points late Thursday, to 0.70 per cent and 0.30 per cent respectively, just one…
MoreNational Bank pessimistic about growth
The Danish National Bank has downwardly adjusted its already pessimistic growth projection for next year. In its quarterly review, the bank forecasts no more than 1.1% Danish GDP growth in 2012, down from the…
MoreClimate Connie, the ‘saviour of Cop 17’, wants more
Denmark needs to continue forcing climate ambitions up during its upcoming EU Presidency. Danish climate commissioner Connie Hedegaard, credited with salvaging the COP 17 Durban talks, said China, India, the USA, and other…
MorePM, backed into a corner, backs down
The government avoided an embarrassing defeat in parliament today by voting for a resolution it opposes. During a parliamentary debate yeserday, Prime Minister Helle Thorning-Schmidt claimed there was no need to amend the…
MoreBudget deficit could be less than projected
The Danish economy is performing better than expected. New Statistics Denmark figures show a third quarter budget deficit of ‘only’ DKK 16bn, bringing the collective deficit up to DKK54.7b over the past year….
MoreBenefits debate: Does it pay to work?
After weeks of the poverty debate, a new Rambøll poll for Jyllands Posten reveals that six out of ten voters believe the incentive to work for the lowly-paid is too small. Mads Lundby…
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