Banks forced to restrict interest-free mortgages
The Financial Services Authority (FSA), Denmark’s banking watchdog, has proposed a clampdown on the popular interest-only loans that have helped to keep the housing market afloat during the crisis. Reuters reported, Thursday, that…
MoreVestager confirmed as Competition Commissioner
Ex-Liberal leader Margrethe Vestager’s nomination as EU Competition Commissioner was confirmed yesterday by Jean-Claude Juncker. The incoming president of the European Union’s executive branch nominated six vice-presidents who, he said, will operate as team…
MoreDenmark’s new commissioner up against global companies
Under the headline ‘Danish reformer gets EU antitrust stick’ news agency Reuters predicted that incoming EU Competition Commissioner Margrethe Vestager will have her plate full for the next five years tackling global companies…
MoreVestager lands in Danish EU energy dispute
One of Margrethe Vestager’s first jobs as EU Commissioner could be to settle a dispute with Denmark. Energy Minister Rasmus Helveg Petersen is on collision course with the EU over the PSO (Public…
MoreDanish MEPS to challenge Juncker’s nominations
A number of Danish MEP’s are preparing to contest some of the more controversial names on president-elect Jean Claude’s Juncker’s list of EU commissioners. Berlingske claims there will be opposition to ‘a Spanish…
MoreDenmark lags behind in education spending.
The OECD Education at a Glance 2014 report, ‘the authoritative source for accurate and relevant information on the state of education around the world’ ranks Denmark no.9 in expenditure on classes 1 through…
MoreUnemployment reform has had negligible effect
The government’s unemployment reform of 2010, which slashed the entitlement period for benefits by half, hasn’t had the desired effect of getting the jobless back into the labour market, a new study by…
MoreDenmark leads the way in stem cell research
Denmark is set to become the first country in the world to practice stem cell therapy on humans. Within the next couple of years scientists will attempt to treat sclerosis sufferers with a…
MoreBusiness shorts
SAS profit but more cutbacks ahead / TDC offers unlimited calls in Europe / €600m energy cable to connect Denmark and Holland SAS: Scandinavian airline SAS still needs to save billions of kroner,…
MoreNew report: 15 groups linked to extremism
A new report charting the extent of extremism in this country pinpoints potential danger zones in the west Copenhagen region and around Aarhus. The report, by the National Research Centre for the Ministry…
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