Danske Bank’s little white lie
Denmark’s biggest bank, Danske Bank, has been given a warning for cosmetically enhancing its 2013 annual report. Danske claimed in the report it had won an increased share of the loan market for…
MoreVacation industry expects half-million increase
The number of overnight stays in a rented vacation home last year was 15.8 million. According to the Association of Danish Holiday House Letters, the figure is expected to increase by 500,000 this…
MoreGovernment offers concessions to anti-radicalisation programme
The government has dropped two contentious initiatives from its anti-radicalisation programme – consultation with imams and teaching key figures in the media debate how to combat extremism on the internet. The concessions to…
MoreGovernment accused of ‘feet dragging’ on terrorism
The government has come under fire for failing to implement new anti-terrorism strategy. In its 2011 platform, the government promised to set up an expert commission to evaluate terror legislation and lay the…
MoreAsylum costs expected to hit DKK9b this year
Expenditure on asylum seekers is expected rise to DKK9.2bn ($1.5bn) this year, twice as much as last year and triple the DKK3bn spent in 2011. The government has blamed the opposition Liberals (V)…
MoreDenmark asks GB for advice on EU justice policy
Denmark will look to Great Britain and Ireland for advice on individual countries’ justice policy within the EU. Both countries have adopted the so-called ‘block opt-out’ that was inserted into the Lisbon Treaty…
MoreDrug labs cost power companies millions
Illegal skunk laboratories are costing energy companies millions of kroner. Growing skunk, a potent form of cannabis, requires vast amounts of electricity, which criminals steal from the power grid according to head of Energi Fyn…
MoreDane nabbed in Phillipines for sex trafficking
A Danish national has been arrested for running a human trafficking and child prostitution operation in the Philippines. According to Philippine media reports, police raided the residence of 54-year-old Nicola Arne Jacobsen and…
MoreEconomists express doubts about ECB’s money printing scheme
The European Central Bank’s (ECB) proposal to print €500bn to buy up government bonds throughout the Eurozone to ward off deflation is ‘highly irregular’ according to Danish economists. Senior Danske Bank economist, Steen…
MoreBusiness shorts
Agriculture crisis threatens banks / Big US order for Vestas / Big profit for foodmaker Agriculture: The crisis in the agricultural sector is putting increasing pressure on banks. 1,700 farmers, with a collective…
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