Politiken slams ‘internment camp’ for refugees
Politiken has urged the Danish population to ’stand up and resist’ the government and Danish People’s Party’s (DPP) plan to ‘intern various groups of immigrants – and not just criminals’ on a deserted…
MoreDeserted island project will cost €100m
A new Finance Ministry projection shows it will cost DKK1.8m annually to house each individual failed asylum seeker or criminal immigrant at the new deportation camp on the deserted island of Lindholm, seven…
MoreWatchdog chairman denies knowledge of share dividend scam
Chairman of the Danish Financial Supervisory Authority (FSA) David Lando has denied any involvement in the share-dividend scandal that rocked Europe this year. Mr Lando was a board member of the Capital Association…
MoreGovernment declines to back EU transaction tax
Denmark won’t be supporting a joint German/French proposal for a financial transaction tax for the European Union. EU member states were briefed about the plan on the sidelines of a finance ministers’ meeting…
MoreStøjberg pulls out of migration pact conference
Integration Minister Inger Støjberg has pulled out of the Morocco conference next week when Denmark is expected to sign up to the controversial Global Compact for Safe, Orderly and Regular Migration. The minister…
MoreState spends DKK143m to deport 28 asylum seekers
The state has spent DKK143.2m (€19m) since 2016 running and operating the controversial Kærshovedgård departure centre in Jutland for failed asylum seekers yet over the same period only 28 residents have returned home. And…
More‘Annus horribilis’ for financial sector
The financial sector in Denmark has experienced a ‘miserable year’ –the overriding message from bank executives and politicians at the annual conference of the sector’s lobbying organisation, Finans Danmark, Monday. Michael Rasmussen, CEO…
MoreDanske Bank sets aside DKK18bn for potential fines
Danske Bank has set aside around DKK18bn ($2.7 bn) to pay potential fines and deal with the fallout of its role in one of Europe’s worst ever money laundering scandals. Acting Chief Executive…
MoreEx-Vestas boss named new climate troubleshooter
Ditlev Engel, former CEO of wind energy giant Vestas, has taken on a new role as the government’s climate troubleshooter. As Special Envoy for Climate and Energy, Mr Engel will ‘strengthen Denmark’s global…
MoreDid Danske Bank breach U.S. sanctions?
Questions are being asked as to whether the money laundering activities at Danske Bank could have breached U.S. sanctions. The bank has claimed no names on U.S. sanctions lists were involved but it’s…
More
Danish Krone Exchange Rate