No Cibor wrong-doings
The Danish Bankers Association (DBA) (Finansrådet) has cleared Danish banks of any wrong doing concerning the Cibor interest rate, the Danish equivalent of the British Libor, the internal rate that banks charge when…
MoreMore debtors
5% of the Danish population – one in twenty – can’t pay what they owe and are registered as debtors by the national credit rating agency, RKI. The numbers have risen strongly during…
MoreBahrain court upholds sentence against Danish activist
A Bahrain appeals court has upheld the life sentence against Danish-Bahraini human rights activist Abdulhadi al-Khawaja, who staged a 110-day hunger strike earlier this year, and affirmed the prison sentences of 19 other…
MoreDrop the Red/Greens say Liberals
Liberal leader Lars Lokke Raqsmuusen has urged the government to drop its parliamentary partner, the Red/Green Alliance, and negotiate a budget agreement with the opposition. After presenting the Liberals’ own proposals for next…
MoreLiberals’ budget proposals ‘fuzzy’
The government has greeted the Liberals’ budget proposals with faint praise. The Social Democrats’ finance spokesman, John Dyrby Poulsen, said the main opposition party should be given credit for coming up with some…
MoreSocial Liberal members question tax deal for homeowners
Grass roots members of coalition partner, the Social Liberals, have demanded that property taxes should be increased, even though the government has protected home-owners in the tax agreement with the opposition. Signalling trouble…
MoreBankruptcies up as crisis hits established companies
The number of companies filing for bankruptcy in August was 6.7 per cent up on last year, yet another sign that Denmark is still struggling to emerge from the crisis. A spokesman for…
MoreSøvndal demands legal action against Syrian leaders
Minister of Foreign Affairs Villy Søvndal has the backing of Denmark’s Nordic neighbours to legally challenge Syria’s rulers. Announcing a DKK1.5m grant for the Syria Justice and Accountability Centre (SJAC), set up to…
MoreDanish troops compared to Nazis ahead of Flag Day
Troop associations throughout the country have expressed disgust at anti-war organisations who will ignore a national flag day in honour of Danish soldiers, Wednesday. In an advert in tabloid daily BT, the pacifist…
MoreHas housing market bottomed out?
There are growing indications that the Danish housing market has bottomed out. International financial services company S&P has added to the cautious optimism by claiming that the major part of the housing bubble…
More