Public’s debt mountain: DKK117bn and rising
The public’s collective debt to the state and local authorities has risen to an all-time high of DKK117bn (€15.6bn). The latest Statistics Denmark figures show the debt mountain, in the form of unpaid…
MoreTrump strategist involved in Jyske Bank forgery
Jyske Bank, the third largest bank in Denmark, has become unwittingly involved in a dubious project in Italy led by right-wing ideologist Steve Bannon, the US political strategist behind Donald Trump’s shock election victory in 2016. The…
MoreBusiness shorts
Nordea election preview / Maersk’s trade war fears / National Bank calls for more capital reserves to withstand downturn…. The Nordic Region’s biggest bank, Nordea, has published an election preview predicting that the…
MoreLiberals win EP election – comeback for Løkke?
The Liberals (Venstre) emerged as the big winner in Sunday’s EU election, winning four of Denmark’s 13 seats in the new European parliament (Denmark will get a 14th when the UK leaves). The…
MoreFrederiksen: Now it’s on to June 5th
Opposition leader Mette Frederiksen congratulated the ruling Liberals on their EU victory last night but warned it won’t be repeated in 10 days’ time. “I’m pleased to see voter turnout was so high…
MoreEP election: Figures, facts, comment
Record turnout / Gains for both right and left/ Vestager buoyed by ALDE gains / Disaster for DPP …. 66% of the Danish electorate – 2.797.761 people – voted in the EU Parliament…
MoreDefence Minister: We need to shed defence opt-out
The EU defence opt out is a ‘millstone around Denmark’s neck’ according to Defence Minister Claus Hjort Frederiksen who’s leading the call for a new referendum after the upcoming election. In an op-ed…
MorePolice underestimated border control costs
Re-imposing border controls in January 2016 has cost the state nearly DKK1bn (€130m), four times as much as previously admitted. In its latest financial report the National Police listed DKK275m in ‘border security’…
MoreDanske Bank transferred illegal VAT refunds
In addition to laundering money from Russia, Danske Bank played a central role in a major European VAT scandal. New information reveals how at least DKK 1.2bn, cheated from illegal dealings with CO2…
MoreTeenage climate activist woos marchers
Swedish teenage climate activist Greta Thunberg addressed marchers at the ‘People’s Climate March’ outside Christiansborg (Danish Parliament) on Saturday, just one day after young people skipped school in 125 countries to march for…
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