Banks admit money-laundering failure
Denmark’s two-biggest banks, Danske and Nordea, have acknowledged their failure to prevent criminal money laundering activities. At a public hearing on money laundering called by parliament’s Tax & Business Committee, Danske Bank’s senior…
MorePublic wants more surveillance
A significant majority of the electorate want to see more video surveillance of public places. In a new YouGov poll that has split the centre-right alliance, 60% of voters agreed there should be…
MoreSyrian refugee charged with preparing bomb attack
German prosecutors in Stuttgart have charged a Syrian refugee with preparing a bomb attack in Denmark. Prosecutors said Monday the man had gathered various bomb-making materials to commit an attack and was in…
MoreDenmark accused of whale slaughter
The Sea Shepherd Conservation Society (SSCS) has published further details of its legal effort to hold Denmark accountable for pilot whale slaughter in the Faroe Islands. As reported by 7.59 last week, Sea Shepherd, a…
MoreGoldman Sachs earns tax-free millions from Luxembourg loophole
Goldman Sachs could legally avoid paying tax on earnings of more than DKK10bn ($1.4bn) from its controversial Dong deal by using a Luxembourg tax loophole. After making around 150% on its initial investment…
MoreEU predicts slow, but steady, economic growth
Economic growth in Denmark will be slightly stronger this year than previously forecast, the European Commission said in its Spring Outlook, Friday – 1.7% compared to 1.3% in 2016, rising to 1.8% in 2018….
MoreSocial Democrats call for stimulus package
The Social Democrats have urged the government to start negotiating a new economic stimulus package immediately to avoid a potential labour market ‘bottleneck’ within the next few years. Despite the prospect of low…
MoreEx-minister calls for tax inquiry
Former Liberal minister Carl Holst has called for an independent inquiry into recent Tax Department (SKAT) scandals that have cost the state billions of kroner. British businessman Sanjay Shah has allegedly scammed SKAT…
MoreDenmark upgrading IT defence systems
The Danish state was already upgrading its IT defence systems before the large-scale cyber-attack that infected computer systems in 99 countries, including Denmark, the ruling Liberals’ telecom spokesman Torsten Schack Pedersen said Friday,…
MoreArctic agreement paves the way for scientific cooperation
Denmark, for Greenland, and seven other Arctic nations – the U.S., Canada, Russia, Sweden, Norway, Iceland, Finland – signed a legally binding agreement at an Arctic Council meeting in Fairbanks, Alaska on Thursday aimed…
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