More tax haven trouble for Nordea
Leading bank Nordea is in hot water over new accusations that it helped funnel money offshore. New documents reveal that Nordea’s Luxembourg office helped a Russian couple to move DKK7.5m to the British…
MoreDPP to pay back misused funds
The Danish People’s Party (DPP) has agreed to pay back DKK1.6m in EU funding despite party leader Kristian Thulesen Dahl’s claim of discrimination. The European Parliament has ruled that EU funding granted to…
MoreDanish inflation stabilised at zero in April, the same as in March.
The drop in inflation is driven almost exclusively by goods’ prices. Service price inflation and wage growth show that domestic inflation pressure is not dead but some of the decline in goods’ prices…
MoreUS Ambassador: Denmark will lose influence if it fails to invest in defence
Denmark will lose its international influence within 10 years if it fails to make much-needed investment in fighter jets and defence – that’s the warning from US Ambassador to Denmark Rufus Gifford just…
MoreMEP refuses to get dragged into campaign funding dispute
EU MEP Jens Rohde (Social Liberal) has distanced himself from the Danish People’s Party’s (DPP) Morten Messerschmidt, who has been ordered to pay back DKK2.9m (€400,000) worth of EU money. European Parliament’s Secretary-General…
MoreDenmark to copy UK blacklist
The government intends to copy British legislation as part of its proposal to crack down on hate preachers and imams. Since the 2005 London bombings the UK authorities have had the right to…
MoreDanish addresses in Panama Papers leak
Addresses from throughout Denmark are contained in the huge database of documents relating to more than 200,000 offshore accounts posted online, Monday, as the Panama Papers affair widens. A simple search for ‘Denmark’…
MoreIndustrial production down
Denmark’s industrial production decreased in March, after remaining flat in the previous month, the latest figures from Statistics Denmark show. Industrial production fell a seasonally adjusted 2.2 percent month-over-month in March. In February,…
MoreBalance of payments up
Denmark enjoyed a balance of payments surplus of DKK5.6bn in March as exports rose and imports fell, figures from Statistics Denmark showed Monday. The trade surplus rose from DKK 3.6 billion in the…
MoreIMF warns of housing bubble
The International Monetary Fund (IMF) has warned there’s a real prospect of a new housing bubble in this country unless the authorities intervene. In an interview with Bloomberg Business News, the organisation’s mission…
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