DSB cuts to finance budget costs
The government has earmarked DKK500m (€66m) for ‘basic welfare’ programmes such as health and care for the elderly in its draft 2018 budget to be presented today, Berlingske revealed last night. In a…
More2% growth signals death knell for financial crisis
For the first time in 10 years the Danish economy is heading for 2% GDP growth, signalling the end of the financial crisis. The government’s latest Economic Review, a ‘state of the economy’…
MoreForeigners to fund tax cuts
The government has again suggested that foreign nationals should earn the right to social benefits in this country. In response to questions as to how the government intends to finance its DKK23bn tax…
MoreTax incentive to tempt small investors
After presenting its tax reform agenda, Tuesday, the government followed up yesterday by proposing cuts in capital gains tax to encourage people to invest some of the DKK850bn currently sitting idle in bank…
MoreWorld Bank: Denmark good for business
A new study suggests running a business in this country isn’t as difficult as many believe. The World Bank’s latest ‘Ease-of-doing-business’ index ranks Denmark at number three, behind only New Zealand and Singapore. According…
MoreGovernment considers aid for Sahara military force
The government is considering whether to contribute financial aid to the new Group of Five Sahel (FC-G5S) joint military force being set up by five countries to combat human traffickers and terrorists in…
MoreDenmark, Cyprus agree on EU goals
After talks with his Cypriot counterpart Ioannis Kasoulides in Nicosia, Wednesday, Foreign Minister Anders Samuelsen said Cyprus and Denmark agree that the ‘EU should deliver tangible resource on issues that matter to European…
MoreBusiness shorts
Goldman Sachs sells off DONG shares / SAS strike? Goldman Sachs is selling a further 1.78% of its shareholding in Dong Energy, diluting its overall stake to 2.7%. The US investor will offload 7.5m…
MoreTax reform will make work ‘more attractive’
The government laid out its much-anticipated tax reform proposals, Tuesday, including a wide range of cuts aimed at reducing the overall tax burden by DKK23bn. The measures, aimed at encouraging people more people…
MoreDPP: Government facing tough negotiations
The Danish People’s Party (DPP), the government’s guarantor or a parliamentary majority, welcomed the government’s tax reform as ‘extremely interesting’ but warned of ‘tough talks’ ahead. Party leader Kristian Thulesen Dahl, who had…
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