Denmark earns billions from krone intervention
Denmark’s National Bank made a profit of DKK 2.2 bn ($327.2m) in 2015 as a result of pressure on the krone. In its quarterly monetary review, published Wednesday, the bank revealed how speculators…
MorePM launches fight against ‘anti-democracy forces’
Prime Minister Lars Løkke Rasmussen has vowed to do ‘everything legally possible’ to limit the power of hate preachers in this country. During parliamentary question time, Tuesday, the PM said he’s ready to…
MoreMosque backs down – prayers in Danish
Friday prayers at the Grimhøj Mosque in Aarhus will in future be held in Danish. The controversial mosque has been hit with a media firestorm in the wake of the 4-part TV documentary…
MoreDPP demands permanent border control
The Danish People’s Party (DPP) has demanded the permanent closure of Denmark’s borders and a stop on all asylum seekers arriving from Germany. While the government has been reluctant to say what it…
More3 in 4 jobless aren’t capable of work
72 per cent of the jobless who will be hit by the government’s proposal to cap social benefits aren’t physically capable of working, new Labour Ministry figures show. Although the aim of the…
MoreLøkke welcomes deputy’s leadership ambitions
The Liberals’ deputy leader, Kristian Jensen, wouldn’t be a top politician if he didn’t harbor dreams of becoming head of the party one day, Prime Minister Lars Løkke Rasmussen said yesterday in response…
MoreMaersk in secret oil talks with Iran
Oil giant Maersk has reportedly held secret talks with high-ranking Iranian oil ministry officials prior to official tenders being issued for the development of the South Pars oil layer, also shared with Qatar…
MoreGovernment plans new DONG sell-off
The government is still planning an initial public offering (IPO) of partially state-owned utility firm DONG Energy on Copenhagen Stock Exchange before end of first quarter 2017. The previous Social Democrat-led government sparked off…
MoreDenmark no.5 in energy efficiency
Denmark is number 5 on the Global Energy Architecture Performance Index (EAPI) Report 2016, which ranks 126 countries on their ability to deliver secure, affordable and sustainable energy. Switzerland leads the way, followed…
MoreBusiness shorts
Pension fund drops Ryanair / Vestas wins German contract PFA: PFA Pension, Denmark’s largest privately owned life insurance company, has sold its shareholding of around DKK15-20m in Ryanair as a result of the Irish…
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