Economists challenge government’s inflation scenario
Leading economists have cast doubt on the government’s optimistic inflation forecast. Prices rose by 6.7% in April, compared to a year earlier, the highest rate since June 1984 as the cost of energy…
MoreAirport chaos
Prepare for a long wait if you’re travelling from Copenhagen Airport in the near future. Long queues at security ahead of last week’s public holiday caused a number of passengers to miss their…
MoreForeign Minister: Russia will foot the bill for Ukraine destruction
The cost of reconstructing Ukraine when the war is over will be massive and it’s Russia that will pay the bill, Foreign Minister Jeppe Kofod said yesterday on the sidelines of an EU…
MorePM issues security guarantee to Sweden, Finland
Prime Minister Mette Frederiksen has reaffirmed Denmark’s commitment and solidarity with Sweden and Finland in their bid to join NATO. At a Ministry of State press conference, Monday, after both countries announced their…
MoreDenmark, Greenland ink Arctic defence deal
Denmark and Greenland have reached agreement on the extra DKK1.5bn in military spending passed by the Danish parliament last year for Arctic defence. The funding had been in doubt after the new Greenland government elected…
MoreEconomy slows in Q1
The economic upturn appears to have slowed during the first quarter (Q1) of this year. According to the latest projection by Statistics Denmark, the so-called ‘GDP indicator’ the economy may have shrunk by…
MoreBusiness sector under pressure from ‘extreme’ price increases
The Danish business sector is being hard hit by fast-rising prices. Producer prices, often used to gauge inflation, rose by 37.4% year on year in April, the biggest increase since 2005 – prices…
MoreIndia’s export ban won’t affect Denmark
India’s ban on wheat exports will have minimal effect on Denmark, agriculture insiders have said. Countries had been looking to India, the world’s second-largest wheat producer, to help make up for the shortage…
MoreBanks reward ‘green’ customers
Denmark’s biggest bank has initiated a new lending policy with emphasis on ‘green’ customers. Danske Bank, which has been hit by a long list of scandals over the past few years, will in…
MoreEx-defence minister formally charged with treason
In an historic national security ruling the Public Prosecutor has announced that former defence minister Claus Hjort Frederiksen is to be formally charged with leaking highly classified state secrets. The indictment, laid out…
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