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Consumer pessimism / Pension fund strengthens green agenda Although the economy remains relatively strong the consumer confidence index fell to 6.9 points in September from 7.8 points in August, Statistics Denmark said Thursday….
MoreDanske Bank boss quits after damning report
CEO Thomas Børgen quit yesterday after Danske Bank own internal probe into money laundering allegations revealed that more than more than $230 billion could have passed through the bank’s Estonian branch from Russia…
MoreLawmakers increase laundering fines by 800%
Lawmakers reacted swiftly and strongly to the damning Danske Bank report by agreeing to increase the penalty for money laundering by 800%, ‘giving Denmark the biggest fine level in Europe’ according to Business…
MorePM shocked by extent of money laundering
Prime Minister Lars Løkke Rasmussen said he was ‘shocked’ to hear of the thousands suspicious transactions through Danske Bank’s Estonian branch, after the bank’s internal investigation revealed that more than more than $230…
MoreRuling party vows repercussions for Danske Bank
The ruling Liberals have warned that ‘heads will roll’ after Danske Bank’s own internal investigation into the money laundering scandal acquitted bank management of any legal responsibility even though they repeatedly ignored warnings…
MoreParliament moves to ban €500 note
A parliamentary majority has moved to ban the €500 note in Denmark to prevent money laundering and other financial crimes. The European Central Bank (ECB) has already announced it will stop printing the…
MoreIntegration Minister gets stormy reception at refugee centre
Integration Minister Inger Støjberg was given a stormy reception during a fact-finding visit to the the Kærshovedgård refugee transit centre, Wednesday, alongside Norway’s justice minister Tor Mikkel Wara, Swedish migration minister Heléne Fritzon…
MoreNew Poll: Majority against handshake legislation
A slight majority of voters is against forcing ‘new Danes’ to shake hands with a dignitary at a citizenship ceremony. In a new Norstat poll for Jyllands Posten, 52% say that a handshake…
MoreDR ordered to promote Christianity, downplay multiculturalism
After implementing the biggest cutbacks in its 93-year history this week, state-owner broadcaster DR has also been forced to sign a new contract with the Culture Ministry emphasising the need to promote Christianity instead…
MoreDanish companies lose out on euro funding
Danish companies are missing out on billions of euro in investment opportunities according to European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness. Denmark is ranked low on the European…
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