Business shorts
First ever bio-fuel voyage / Ørsted receives $4bn bid for power supplier Danish shipping line D/S Norden carried out the word’s first-ever voyage fuelled solely by biofuel in September when a company ship…
MoreBudget agreement: More focus on ‘core welfare’
The government and Danish People’s Party (DPP) finally reached agreement on the 2019 budget, Friday, in a deal that will appropriate DKK3bn over the next four years to improve ‘core welfare’, such as…
MoreCriminal asylum seekers heading for deserted island
Criminal refugees awaiting deportation are to be relocated to a deserted island as part of the 2019 budget agreement between the government and Danish People’s Party (DPP). Failed asylum seekers on ‘tolerated stay’…
MoreNew report: 64,000 kids living in poverty
The number of children in Denmark classified as ‘poor’ increased by nearly 25% last year. A new report by the Economic Council of the Labour Movement (ECLM), based on Statistics Denmark figures, claims…
MoreNational Bank: Money laundering could affect stability
The National Bank has warned the money laundering scandal at Danske Bank could affect Denmark’s financial stability. After the State Prosecutor’s Office for Serious Economic and International Crime (Søik), popularly known as the fraud…
MoreMPs call for money laundering probe to be widened
Politicians on both sides of the aisle have called for the money laundering investigations targetting Danske Bank to include other financial institutions. After German prosecutors raided several Deutsche Bank offices in the Frankfurt area, Thursday, over suspicions…
MoreBusiness shorts
Agreement on Baltic Pipeline / Danes pay most for energy Poland and Denmark have finally concluded an agreement on the construction of the Baltic Pipeline, a key energy infrastructure project that is set…
MoreThe Week That Was, November 26th – December 2nd 2018
Politics/Economy: The Social Democrats are hoping to make income tax an election campaign issue by proposing a ‘supertax’ on anyone earning more than DKK10m annually, which according to the party’s finance spokesman Benny…
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