Business Minister: No intervention to cool red-hot housing market
The government has dismissed the Systemic Risk Council’s call for intervention in the booming housing market to prevent a new bubble. The Council has recommended restricting Danish homeowners’ access to interest-only mortgage loans…
MoreConsumers less confident despite reopening
Despite the wider reopening of society consumers lost confidence in June. The latest figures from Statistics Denmark show the consumer confidence index fell to 2.3 from 2.8 in May. The average for the…
MoreEthiopia ruled out – asylum talks with Rwanda continue
The government has dropped Ethiopia from its list of potential host nations for an offshore processing centre outside the EU for asylum seekers but is still in dialogue with its preferred destination, Rwanda….
MoreGovernment’s asylum plan threatens Dublin Accord
The ruling Social Democrat Party has dismissed claims that Denmark could be thrown out of the Dublin Accord if the move to process asylum seekers outside the EU becomes reality. The Dublin Accord is based on…
MoreEuro 2020: Fairytale in Copenhagen as Denmark rise from the dead
In an incredible turnaround Denmark beat Russia 4-1 last night to book a spot in the knockout stage of Euro 2020. Foreign commentators called it a ‘fairytale’ and the ‘second miracle’ of the…
More200 reports of ‘suspicious financial activity’ every day last year
The Danish Money Laundering Secretariat, part of the State Prosecutor’s Office for Serious Economic and International Crime (SØIK), popularly known as the fraud squad, received 73,429 reports of suspected financial crime in 2020 compared…
MoreCorona: Infection rate at 9-month low
‘Everything’s under control’ – that was the message from professor of virology at Copenhagen University, Allan Randrup Thomsen, Monday, after the daily virus update showed only 149 new corona cases were reported, the…
MoreEmployment up for 3rd month in a row
16,000 people gained employment in April, the 3rd month in a row the number of wage earners in the labour market has risen and the biggest single-month increase since 2008. Economists welcomed the…
MoreConservative leader: I’m ready to become prime minister
Conservative leader Søren Pape Poulsen has declared himself a candidate for prime minister – ‘if the conditions are right.’ For many years the leader of the Liberal (Venstre) party has been the centre-right…
MoreBritish Islamists added to hate preacher list
The Danish Immigrations Service (Udlændingestyrelsen) has extended its list of hate preachers banned from entering Denmark with four British nationals, including Urutajirinere Fombo, a leading member of the Islamist Hizb ut-Tahrir organisation, outlawed…
More
Danish Krone Exchange Rate