Prayer Day break
Tomorrow is ‘Store Bededag’ in Denmark, translated literally as Great Prayer Day, the fourth Friday after Easter and a public holiday. 7.59 won’t be published but we’ll be back on Monday the 4th…
MorePeaceful May 1st for prime minister
There’ll be no organised demonstration when Prime Minister Helle Thorning-Schmidt gives the traditional May 1st Workers Day speech in Falledparken in Copenhagen tomorrow. The prime minister was drowned out last year by left-wing…
MoreGovernment accused of manipulating employment figures
The government’s claim that it’s created 40,000 jobs in the private sector since it came to power in 2011 has been dismissed as an ‘illusion’ by the opposition. Since New Year, Prime Minister…
MoreVestager targets energy sector
Google, Gazprom…and now Denmark. Busy Danish EU Competition Commissioner Margrethe Vestager has launched an inquiry into whether 11 European governments – Denmark, Belgium, Croatia, France, Germany, Ireland, Italy, Poland, Portugal, Spain and Sweden –…
MoreMaersk questions legal dispute
Maersk, the world’s largest container shipping concern, said yesterday the crew of the Maersk Tigris container ship were safe and “in good spirits” after Iranian authorities seized the ship in the Strait of Hormuz…
MoreIranian embassy: Maersk needs to pay its debt
The Maersk cargo ship was seized in the Strait of Hormuz because of a debt dispute, the Iranian embassy in Denmark said yesterday, and won’t be released until the situation is resolved. In…
MoreBusiness minister urges banks to write off bad debts for farmers
Business & Growth Minister Henrik Sass Larsen has been secretly negotiating with the Danish Bankers Association (Finansrådet) for an agreement that would force banks to write off the debts of 1,700 struggling farmers,…
MoreNegative interest good for banks
Negative interest rates have provided Danish banks within an unexpected windfall, as a rise in fees from homeowners refinancing their mortgages has more than offset the hit to interest income, according to results…
MoreNational Bank sells government bonds again
The Danish National Bank sold government bonds worth DKK2.06 billion ($304 million) at auction on Wednesday. It was the third time running the Bank accepted bids after refusing to do so at three…
MoreIran seizes Maersk ship
Iranian forces boarded and seized a Maersk cargo ship in the Persian Gulf, Tuesday. According to international reports, the Maersk Tigris, a Danish vessel sailing under the flag of the Marshall Island, was…
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