Business shorts / Corona impact
Government increases borrowing by DKK50bn…Danske suspends 2020 outlook and stops charging negative interest….Shares plummet again…. The government is borrowing an extra DKK50bn (€6.6bn) in 2020 to fund the various business packages aimed at…
MoreBorders closed
Denmark’s borders were shut down at 12.00 Saturday and will remain firmly closed until at least April 13th as the government struggles to halt the spread of coronavirus. All foreigners who cannot demonstrate…
More864 infected, three deaths
The number of coronavirus cases in Denmark continues to rise at a fast pace – 864 are now infected but the prime minister has acknowledged the real figure is probably far more as…
MoreBorders closed…but open for asylum seekers
Denmark may have closed its borders but they remain open for asylum seekers. Although all foreign nationals arriving in Denmark for the next four weeks will be turned away if they don’t have…
MoreEpidemy expert: Border closure will have minimal effect
Closing the borders will have little effect on containing the coronavirus according to a leading epidemy expert. Lone Simonsen, Professor of Population Health Science at Roskilde University,said closing down the borders won’t help…
MoreNew business aid package – state offers to cover 75% of employees’ wages
The government presented further emergency legislation, Sunday, that will compensate companies hit by the coronavirus with up to 75% of employees’ salaries if they promise not to fire workers. Under the terms of…
MoreHotel industry rejects government’s helping hand
The hotel and restaurant industry reacted less than enthusiastically to the government’s offer to compensate companies hard hit by the coronavirus by covering up to 75% of employees’ wages, if they agree not…
MoreDane tested positive in New Zealand
A Danish woman in her 30s has tested positive for the coronavirus in New Zealand. According to reports the woman had travelled from Denmark and arrived in Auckland via Doha on Tuesday March…
MoreSAS lays off 10,000 employees
Scandinavia’s flagship airline, SAS, said last night it’s temporarily laying off up to 10,000 employees, or 90% of its total workforce After the governments of Denmark and Norway closed down their borders chief…
MoreThe Week That Was, March 9th – March 16th 2020:
The coronavirus outbreak dominated the week’s news: Denmark’s borders were shut down at 12.00 Saturday and will remain firmly closed until at least April 13th – all foreigners who cannot demonstrate a credible…
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