Summer re-mortgaging spree
Thousands of Danish homeowners have used the summer break to remortgage their property. In Denmark’s biggest refinancing wave ever, homeowners have taken advantage of ultra-low interest rates to pay down mortgages worth DKK137bn…
MoreBusiness shorts
Just Eat merger / Tivoli number 2 in Europe / 160 jobs lost as meat processor files for bankruptcy….. Shares in Just Eat, launched by five Danish entrepreneurs in 2001, surged by more than…
MoreDenmark ready to join Strait of Hormuz mission
The government has provisionally accepted an invitation to join a European-led naval mission to ensure the free passage of shipping through the Strait of Hormuz but still needs parliamentary approval to go ahead….
MoreMajority support for naval mission to Persian Gulf
A parliamentary majority is ready to dispatch Danish ships to join a European-led naval mission to ensure the free passage of shipping through the Strait of Hormuz but the government is facing resistance…
MoreUN warning: Heatwave threatens Greenland ice cap
The heatwave that ravaged parts of Europe last week could cause record melting of the world’s second largest ice sheet in Greenland, the United Nations (UN) warned on Friday. Citing data from Denmark’s…
MoreGovernment vows to solve student accommodation problem in capital
The government has promised affordable accommodation to all students in Copenhagen ‘sometime in the near future’. Nearly 66,000 students received confirmation, Friday, they have been accepted at one of Denmark’s universities but although…
MoreOrsted growth provides DKK80bn windfall for state coffers
Partially state-owned energy company Orsted (formerly DONG) has enjoyed massive growth since its Initial Public Offering (IPO) three years ago – enough to finance defence spending for three years. The Social Democrat-led government’s…
MoreRetail sales up but consumers remain cautious
Retail sales grew for the first time in three months in June, boosted by a 3.9% increase in clothing. The latest Statistics Denmark figures show retail sales grew 0.5 percent month-on-month in June,…
MoreVatican denounces Danish social dumping
The Philippine truck drivers scandal in Denmark has reached all the way to the Pope’s desk in Rome. In a joint declaration denouncing social dumping the Vatican and International Transport Workers’ Federation (ITF) highlight the wretched…
MoreLeft-wing partners aim to scrap interpreter fee
The Social Democrats are under pressure to drop the interpreter fee for immigrants seeking medical assistance in the left-wing’s latest attempt to roll back the previous government’s hard-line immigration policy. The previous coalition,…
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