Home repossesions up
The number of homes repossessed from struggling owners rose slightly in December but dropped considerably during 2013. 344 homes were repossessed by lenders in December, nine more than the previous month despite signs…
MorePoverty figures double
The number of people living in poverty in this country – defined by the government as anybody who for three years in a row has had a disposable income under 50% of the…
MoreAPM sheds supermarket business
AP Møller Maersk has reached agreement to sell off its 49% holding in the Dansk Supermarked chain, which operates 1,363 stores in Denmark, Sweden, Germany and Poland under diverse labels – Føtex, Bilka,…
MoreHeads roll at Justice Ministry
The PET (Danish Intelligence) scandal that cost Morten Bødskov his job as justice minister has claimed further victims. The Ministry’s top civil servant, Anne Kristine Axelsson, has been ’relieved of her duties’ pending…
MoreFive good years ahead say optimistic Danes
Danes have become more confident about the future and are less concerned about the threat of unemployment. In a new Greens poll for financial daily Børsen, 72 per cent of the electorate believe…
MoreHigh level of private debt has sustained crisis
Denmark has been harder hit by the economic crisis than many other countries due to the high level of private debt in this country. That’s the conclusion of the Systemic Risk Council, established…
MoreECB: Danish banks ‘solid’
Danish financial institutions are amongst the most solid in Europe, new data from the European Central Bank (ECB), containing information on the aggregate consolidated profitability, balance sheets and solvency of EU banks shows – write…
MoreSlight increase in unemployment
Despite claims that the economy is showing signs of recovery, unemployment rose slightly in November to 151,900, or 5.7% of the labour force. However, the latest Manpower Capacity Survey (Arbejdskraftundersøgelsen) by Statistics Denmark,…
MoreEconomists optimistic about employment
Even though the unemployment rate has refused to budge for the past six months, leading economists are confident that there’s good news ahead for the jobless in 2014. According to senior analyst Erik…
MoreYoung people don’t want state-run TV
45 per cent of the 18-35 age group would drop DR TV and radio if it meant they wouldn’t have to pay the annual DKK 2,436 media licence. Head of the Liberal Alliance’s…
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