PM to lobby for EMA
Prime Minister Lars Løkke Rasmussen travels to Brussels today for a 2-day EU summit where a new home for the EMA (European Medicines Agency) is high on the agenda. Denmark is competing with…
MoreSKAT failed to heed fraud warning
The National Tax Department (SKAT) was warned by the State Prosecutor’s Office for Serious Economic and International Crime, popularly known as the fraud squad, six years ago that a top-level employee had received…
MoreRoma travellers came to work but ended up begging
Most of the homeless Roma people in Copenhagen claim they came here to work but ended up desperate. A new study by a research team from the Central European University (CEU) in Hungary…
MoreBooming housing market but risks ahead
The Danish housing market is at its hottest since 2006, which preceded the worst property market crash in a generation. This time, historically low interest rates rather than speculation are fueling the development, Denmark’s…
MoreSydbank optimistic about growth
Sydbank has upwardly revised its predicted growth rate for the Danish economy after a surprisingly strong first five months. Denmark’s 5th largest financial institution now projects year-end GDP growth of 1.9%, far more…
MoreDenmark tops global quality of life rankings
Denmark is number 1 on a new study of quality of life. In the latest Social Progress Index published by U.S. think-tank Social Progress Imperative, Denmark tops the global rankings among strong performing…
MoreGovernment offers retirement incentive to seniors
The government and Danish People’s Party (DPP) have reached agreement on a wide range of initiatives aimed at encouraging seniors to work longer and postpone retirement. Under the new rules, which come into…
MoreInequality on the rise
Financial inequality in Denmark has increased steadily since the year 2000, including when the Social Democrats were in power between 2011-15. A new report to be published by the Ministry for Economic Affairs…
MoreBenefit cuts haven’t led to more evictions
The government’s cap on social benefits hasn’t led to an increase in people being evicted from their homes, as predicted by opposition parties and social organisations. Both Local Government Denmark (Kommunernes Landsforening) and…
MoreDanish Dynamite Beats Swedish Granite
Sweden needs to copy Denmark to boost its own flagging economy, according to a leading Swedish economist. In an op-ed article in Swedish business daily Dagens Industri, under the title ‘Danish Dynamite Beats…
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