Pension industry warns: ‘Blackstone law’ will choke investment
The government’s plan to crackdown on short-term property speculators has provoked a storm of criticism from Denmark’s biggest pension funds, which claim they will be hard-hit by the new legislation specifically aimed at…
MoreImports down, exports up
Goods imports decreased by 0.9 percent annually in October, following a 0.2 percent decline in the preceding month. At the same time exports rose, figures from Statistics Denmark showed on Monday. Exports excluding…
MoreSlight dip in industrial output
Denmark’s industrial production fell slightly in October following a rise in September. The latest Statistics Denmark figures show industrial production, often a reflection of economic health, fell a seasonally adjusted 0.6 percent month-on-month…
MoreBusiness shorts
Pension fund invests in German, Irish green bonds……SAS opens up new Tokyo route……Payment company test-drives facial recognition technology…. Labour-market pension fund Sampension has announced an investment of DKK300m (€40m) in green bonds issued…
MoreCopenhagen NATO conference cancelled after U.S. Ambassador nixes Trump critic
A major NATO conference scheduled for Copenhagen tomorrow (Tuesday) has been cancelled at the last minute by the Danish Atlantic Council after U.S. Ambassador to Denmark Carla Sands voiced concern about one of…
MoreMedia outburst: U.S. Embassy shows disregard for free speech
Danish media have condemned the decision to disinvite Trump critic Stanley Sloan that led to the cancellation of a NATO conference in Copenhagen tomorrow. Politiken’s foreign affairs editor Michael Jarlner called it a…
MoreGovernment wins cross-party backing for ‘world’s most ambitious climate bill’
The government has received overwhelming cross-party parliamentary backing for its plan to reduce CO2 emissions by 70% ahead of 2030 compared with 1990 levels. Climate Minister Dan Jørgensen presented what he described as…
MoreRight-wing parties distance themselves from ‘climate populism’
Only two parties refused to support the government’s new climate bill – the business-friendly Liberal Alliance and the anti-migrant New Conservatives. Permille Vermund, head of the New Conservatives who entered parliament for the…
MoreForged invoice threatens DPP’s EU funding claims
Alarm bells are ringing at the Danish People’s Party (DPP) following the disclosure of a ‘smoking gun’ invoice that discredits its claim that accusations of EU fraud were only based on formalities and…
MoreMinister cancels Greenland trip following fraud allegations
Defence Minister Trine Bramsen has cancelled a long-planned trip to Greenland today to deal with the growing controversy regarding alleged misappropriation of funds within her ministry. Experts have warned of possible ‘widespread’ fraud…
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