Denmark gives more aid to Syria while recognising opposition
Declaring the situation in Syria a “humanitarian disaster”, Minister for Development Cooperation Christian Friis Bach has decided to provide an additional DKK50m of Danish assistance. Mr Bach said, “Internationally, it is estimated that…
MoreJustice Minister asked to explain PET recording
Danish Intelligence (PET) may have played a much larger role in the killing of a senior terrorist leader than previous explanations suggest – and the head of PET, Justice Minister Morten Bødskov, is…
MoreDanes using their savings, credit to buy more
Many Danes plan to shop more often in the near future, and they will use their savings to pay for expenditures. In a new business survey by Voxmeter, a number of Danes were…
MoreAhead of Nobel ceremony, PM extols cooperation, democracy
Prime Minister Helle Thorning-Schmidt will be among the delegates accepting the Nobel Peace Prize on behalf of the European Union in an awards ceremony at Oslo City Hall on Monday. Ahead of the…
MoreSchool reforms could cost more than expected
The government’s proposed public-school reforms could have long-term financial implications, according to the independent think-tank Kraka. Negotiations began yesterday to determine how teachers’ work should be composed in the future, and the government…
MoreWeakening krone may bump up interest rates
Economists expect interest rates to start slowly increasing – but not to help tighten the economy, but rather to strengthen the weakening Danish krone. Peter Possing Andersen, senior analyst at Danske Bank, said,…
MorePoliticians pleased with new Minister for Culture
In a ceremony on Thursday night, Marianne Jelved (Social Liberals) replaced the outgoing Uffe Elbæk as Minister for Culture, and many politicians are thrilled with Ms Jelved’s appointment. Former Prime Minister Poul Nyrup…
MoreFarmers’ largest surplus comes at a steep price
A prolific harvest, low interest rates and higher prices means that Danish farmers will reap a bountiful surplus this year – specifically, DKK7.3bn, the largest in recent times. According to a new report…
MoreDanish banks facing multi-billion compensation demands
Danish banks could be facing a wave of compensation demands from disgruntled customers who’ve lost billions on interest rate swaps. A 2011 German Supreme Court ruling that disavowed the risky swap contracts, based…
MoreRockwool’s €110m Chinese investment
Danish insulation giant, Rockwool, has approved plans to invest €110m in a new factory in Northern China. The new facility is expected to be finished by the end of 2014 and will have…
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