State comes to the rescue of business sector
The economic crisis has made banks so reluctant to lend money that companies are being forced to seek public funding to finance their domestic and international business, turning the state into a virtual…
MorePraise for Danish EU Presidency, despite Schengen gaffe
Despite the political turbulence surrounding Denmark’s role in amending the rules for the EU open-border Schengen legislation, the Danish presidency’s achievements in justice and home affairs were praised when Justice Minister Morten Bødskov…
MoreVoters want a tax break
Voters want to see the lowest rate of income tax reduced in reform negotiations. In a new Epinion poll for DR News, 60 per cent of respondents say those who earn the least…
MoreLøkke’s tax reform blunder
By walking out of tax reform negotiations and flying to Brazil to attend the climate summit, opposition leader Lars Løkke Rasmussen has made a mistake of major proportions that could cost society billions…
MoreUS-based Chinese news agency was denied accreditation
Minister for Foreign Affairs Villy Søvndal has been asked to explain why foreign embassies in Denmark are allowed to decide which media agencies should be accredited in this country, after it emerged that…
MoreChina grabs Danish investment money
Billions for China, millions for Denmark. That’s the bottom line after President Hu Jintao’s first official visit to Denmark last week. During his three day visit, Danish and Chinese companies signed deals worth…
MoreNegative interest government bonds
For the first time ever, Danish government bonds were offered with negative interest rates, Tuesday, which means that investors would have to pay the Danish National Bank for the privilege of lending it…
MoreGovernment goes for green GDP
Denmark will no longer measure economic growth in pure monetary terms. The government will in future factor in the use of natural resources in its economic growth estimates, and how much growth disturbs…
MorePolitics, not economy, forces government to look left
The government’s new-found eagerness to forge a tax reform agreement with the Red/Green Alliance is due to tactical, not economic reasons, the Liberals’ deputy leader Kristian Jensen said last night. After rejecting the…
MoreOpposition sidelined in reform negotiations
In the absence of the Liberals, the Conservatives and Liberal Alliance negotiated tax reform with the government, Monday, but the prospect of any ‘across the aisle’ agreementappeared highly unlikely last night. Conservative leader…
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