Russia cuts gas supply to Denmark
As expected, Russia has cut gas supplies to Denmark after partially state-owned energy company Ørsted refused to make payments in rubles. Denmark becomes the fifth country to see Russian gas cut off since…
MorePM: Gazprom guilty of extortion
Prime Minister Mette Frederiksen last night characterised Russian Gazprom’s decision to cut gas supplies to Danish energy company Ørsted as ‘extortion’ and ‘completely unacceptable.’ She said Denmark would continue to distance itself from…
MorePM: Consumers will pay the price for Russia sanctions
Prime Minister Mette Frederiksen has warned Danish consumers to expect even higher petrol prices after EU leaders agreed on a 90% embargo on Russian oil by the end of the year. After returning…
MoreSupreme Court rules against Iraqi torture victims
After an 11-year legal battle Denmark has finally been acquitted of abetting the torture of 23 Iraqi prisoners who were captured by Danish troops during ‘Operation Green Desert’ in 2004 and handed over to the…
MoreRetail sales up as prices rise
Despite galloping inflation and record-low consumer confidence, retail sales grew for the first time in three months in April. The latest Statistics Denmark figures show retail sales rose a seasonally adjusted 1.7 percent month-on-month…
MoreEconomy cools down
The Danish economy has shrunk for the first time since 2020. The latest Statistics Denmark figures show GDP dropped by 0.1% sequentially in the year’s first quarter (Q1) after expanding by 3% in Q4/2021,…
MoreUnemployment lowest since 2008
The jobless rate has fallen to a 14-year low, despite surging inflation and the war in Ukraine. The gross unemployment rate dropped to 2.4% in April, the lowest since June 2008, according to…
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