The Week That Was, September 18th – September 25th 2016
Politics/Economy The Danish People’s Party (DPP) and Liberal Alliance (LA) continued to argue about tax relief for higher earners, making a centre-right deal on the government’s 2025 political and economic agenda unlikely –…
MoreMaersk split into two
Denmark’s biggest company, A.P. Moeller- Maersk, announced on Thursday it will split its business into two distinct entities, oil and shipping. The century old company has been battered by low oil prices, plummeting…
MoreDPP welcomes new competition from the right
The Danish People’s Party (DPP) ‘isn’t afraid of anything’ when it comes to competing with the recently formed far-right party, the New Conservatives. The New Conservatives were founded in October of last year…
MoreSocial Democrats’ alternative 2025 plan
Social Democrat leader Mette Frederiksen has put forward an alternative long-term economic and political agenda plan as the centre-right alliance continues to fight over the finer details of the government’s 2025 plan The…
MoreDenmark joins effort to cut off ISIS funding
Denmark is set to open a new front against the Islamic State, as it joins the international coalition’s working group to cut off the clash flow of the terrorist organization. The group will…
MoreNine out of ten Danes aren’t part of the sharing economy
After the tax minister announced earlier this week that he wanted to turn Denmark into a mecca for the sharing economy, a new poll indicates that only a tenth of the population are…
MoreFaroe islands economy is heading for a bubble
According to the Danish Central Bank, a combination of an upswing in the economy, increasing prices on fish exports, and massive public infrastructure investments has put the Faroese economy in danger of overheating….
MoreGreenland opens up for new oil and gas exploration
Greenland has opened its second licensing round for onshore oil and gas exploration in a 13,000 sq km area covering Disko Island and the Nuussuaq Peninsula on the country’s western coast, The Arctic Journal reports. “It’s…
MorePost Denmark undergoes new round of layoffs
National mail carrier, Post Denmark, is to lay off a furhter 520 employees as one of Denmark’s most iconic brands adjusts to a rapidly shrinking market. Decreasing use of traditional mail has put…
MoreDanes linked to Bahamas tax leak
Hundreds of Danish names appear in the cache of 1.3 million files leaked yesterday by the International Consortium of Investigative Journalists (ICIJ). The documents, concerning more than 175,000 companies registered in the Bahamas…
More