There appears to be little hope of the economy receiving a boost from increased private spending this year. A new Gallup survey for Nordea shows that Danes intend to save, not spend, and…

The Council of Europe has criticised Denmark for the poor prison conditions in Greenland and demanded improvements. A delegation from Europe’s Committee for the Prevention of Torture and Inhuman or Degrading Treatment or…

Trade union organisations have dismissed Maersk CEO Nils Smedegaard Andersen’s call for lower wages for unskilled workers. Both LO, The Confederation of Trade Unions, and FOA, representing 200,000 social and care workers, reacted…

A majority of European Union finance ministers have voted to allow 11 euro zone countries to prepare to introduce a tax on financial transactions, providing the green light for Germany, France, Italy, Spain,…

Denmark is rapidly losing its reputation as a safe haven for investors. A weakened krone and rising interst rates have encouraged investors to look elsewhere, according to senior Spar Nord analyst Martin Lundholm…

Christmas didn’t provide the expected boost for the economy hoped for. New Statistics Denmark figures show that retail sales in December actually fell by 0.1% compared to the previous month. Although clothing sales…

Low-skilled workers, whose jobs can easily be shipped abroad, are going to have to accept wage cuts if Denmark’s current levels of welfare and prosperity are to be maintained. That’s the warning from…

SAS will continue to reward top-level managers with lucrative bonuses even though the struggling airline recently slashed the wages of all employees. In response to massive criticism, President and CEO Rickard Gustafson, who…

In a complete turnaround from normal policy, two of Denmark’s biggest trade unions have declared themselves ready to negotiate performance-related pay for workers. Both the Danish Metalworkers Union (DMU) and the HK union…

Former tax minister Thor Möger Pedersen, who was fired by new Socialist People’s Party (SPP) leader Annette Wilhelmsen immediately after she won last year’s leadership battle, is to leave politics to host a…