Crisis is far from over
A debt-ridden agricultural sector, struggling housing market, and depressed retail sector could still cause major problems for banks in this country. Even though it’s four years since Lehman Brothers went bust, sparking off…
More46 million-kroner anti-prostitution project fails
A DKK46m social project launched last year, aimed at rescuing women from prostitution, has so far failed to contact one single sex-worker. When the government backed down from its proposal to criminalise sex…
MoreDPP challenges swimming baths discrimination
A new Copenhagen Council ruling that will allow the DGI swimming baths in the city centre to ban all males when immigrant women attend swimming class has come under fire from the Danish…
MoreClampdown on forced Muslim marriages
The government will present a number of proposals today aimed at protecting individuals against being forced to enter into a marriage without their consent. Social and Integration Minister Karen Hækkerup said to Berlingske…
MoreWet summer but bigger profits for Tivoli
Despite a cold and rainy summer, and fewer punters, Tivoli Gardens in the city centre has managed to increase profits. 2,758m people passed through the turnstiles in the year’s first nine months, producing…
MoreEx-minister rejects robbery accustions
Former business minister Lene Espersen has dismissed accusations that she cost the state billions by removing a clause from ‘Bank Package 2’ that could have earned the state DKK24bn. A TV documentary to…
MoreIrish losses nearly closed down Danske Bank
Billion-kroner losses in Ireland brought the Danske Bank to the verge of bankruptcy in 2008, despite claims by CEO at the time, Peter Straarup, that Denmark’s biggest bank was ‘fundamentally strong’. Although the…
MoreVestas gets life-support loans
Struggling wind turbine manufacturer Vestas has signed a new agreement with its lenders that will provide a new line of credit of up to €1.15bn (DKK8.6bn). The company issued a statement stating that the…
MorePirates get 77 years behind bars
Four Somali pirates out of a gang of 25 captured by the Danish warship Absalon in January have been sentenced to a total of 77 years in prison by a Seychelles court. Three…
MoreThe Week That Was, November 19th-25th, 2012
Politics / Economy Prime Minister Helle Thorning-Schmidt travelled to Brussels, Thursday, threatening to veto the EU budget unless Denmark receives a DKK1bn rebate, but returned home empty handed after talks broke down on…
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