The National Bank’s defence of the Danish krone is proving to be a costly affair for Danish banks. It’s estimated that the negative interest rate on deposits has already cost Danish banks DKK370m…

Politics/Economy A new poll signalled no change in the power struggle between the two opposing parliamentary groups – the opposition bloc remains on course for a comfortable 52.7-46.5 per cent victory as the…

The Danish National Bank slashed its deposit rate by 0.15 of a percentage point, late Thursday, to an all-time low of minus 0.35, in an effort to ease the pressure on the krone…

Minister for Trade and Development, Mogens Jensen (S) welcomes the expanded asset-program accounced today by ECB president Mario Draghi. Two thirds of Danish exports go to the EU, and increased growth in the…

Low gas prices and interest rates have led to an increased consumer confidence rating of 9.0 in January, up from just 6.0 in December. This also surpasses the 7.2 estimate by economists, according…

After attending the terror summit in London on Thursday, Foreign Minister Martin Lidegaard (R) suggested that Danish involvement in the war against IS may last longer than expected. Britain’s foreign secretary, Phillip Hammond, stated…

Opposition leader Lars Løkke Rasmussen has staked his political future, and possible premiership, on the home improvement allowance. The popular tax allowance for homeowners who install new kitchens, bathrooms etc. was scrapped by…

14,815 people applied for asylum in Denmark last year, far below the government’s post-summer projection of 20,000 that sparked off political calls for further restrictions on immigration. 3,150 refugees arrived in September after…

Danish transpersons have welcomed the Thai government’s move to officially recognise a “third gender” category to protect the human rights of people who do not identify with the sex assigned to them at…

Denmark is ranked as the world’s fourth most expensive countries on the latest cost of living index by Numbeo, a website that crowd sources the prices of consumer goods across the globe The…