Ex-PM calls for Latvia bank clean-up
Ex-NATO secretary general Anders Fogh Rasmussen has called on the Latvian authorites to create an international task force to guide the country in cleaning up its banking sector, which has been rocked by…
MoreDanish MEP to investigate tax evasion, money laundering
Jeppe Kofod has been appointed Co-Rapporteur for the European Parliament’s Inquiry Committee on money laundering, VAT avoidance and tax evasion. The Social Democrat MEP said yesterday it’s become too easy for companies not…
MoreFormer top snoop could be facing prison term
The Public Prosecutor has demanded a prison sentence for former head of Danish Intelligence (PET) Jakob Scharf, who’s been charged with committing a breach of professional secrecy. According to the indictement obtained by…
MoreCompanies fear labour drain as east European workers return home
Romania, Poland, and Lithuania have supplied a lot of workers to the Danish labour market over the past few years but they are now being encouraged to return home by their respective countries,…
MoreSubmarine Slayer invited other women on underwater trips
On the sixth day of Submarine Slayer Peter Madsen’s trial at Copenhagen District Court two women claimed to have been invited for a trip on board the submarine on which he allegedly killed…
MoreEmbassy attackers arrested
All four men believed to be responsible for the Molotov cocktail attack on the Turkish Embassy in Copenhagen on March 19 are now in detention. Two suspects were detained on March 24 and…
MoreDenmark could go solo and raise interest rates
The National Bank may be forced to ignore European Central Bank and raising interest rates independently if the ECB phases out its bond-buying program, as expected, Bloomberg News reports. The National Bank does…
MoreRetail sales up
Retail sales were up for the second straight month in February. The latest Statistics Denmark figures show retail turnover rose 0.5 percent month-over-month in February, slower than the 1.3 percent rise in January,…
MoreBusiness shorts
Ships collide in Great belt / Vestas signs Taiwan deal Two merchant ships collided in the Great Belt early Tuesday morning. Both vessels, container ship DELPHIS GDANSK, en route from Netherlands to Russia,…
MoreDenmark expels two Russian diplomats
The government has announced the expulsion of two Russian diplomats in response to the nerve agent attack in Britain on ex-spy Sergei Skripal and his daughter Yulia. Announcing the decision, Monday, Foreign Minister Anders…
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