Windfall for exporters as dollar reaches parity with euro
The exchange rate between the euro and the US dollar has reached parity for the first time in twenty years. Both currencies were being traded at around DKK7.3 Wednesday, which is bad news…
MoreMore disposable cash won’t compensate for inflation
Leading economists have disputed Finance Minister Nikolaj Wammen’s claim that consumers’ purchasing power will increase in 2022 and 2023 so the current record-high rate of inflation will be more than compensated for over…
MoreDenmark fails to live up to Ukraine pledge
Denmark has so far only given Ukraine 41% of the weapons promised earlier this year. In May, the government agreed to send arms and other military hardware totalling DKK1bn (€133m) to the war-torn…
MorePM asked to explain reluctance to suspend top officials implicated in Minkgate scandal
Prime Minister Mette Frederiksen has been summoned to appear before parliament’s Oversight Committee following the Mink Commission’s strong criticism of her top advisor, Barbara Bertelsen. In a letter to the prime minister, head…
MoreExpats find Danes ‘unfriendly’
Denmark lands in a mediocre 30th place out of 52 destinations in the Expat Insider 2022 survey but performs best among the Nordic countries, ranking slightly ahead of Finland (32nd), Norway (34th), and Sweden (39th)….
MoreDanes have a long working life
Young people in this country can look forward to a longer working life than most Europeans. A new Eurostat survey shows the expected average duration of working life in Denmark in 2021 was…
MoreSAS pilots return to negotiating table
Scandinavian Airlines (SAS) and pilot unions have agreed to resume negotiations this morning in a last-ditch effort to hammer out a deal to end the 10-day strike that’s paralysed the airline. SAS has…
MoreLego closes stores in Russia
Lego has terminated its contract with the operating company of 81 stores in Russia. The Danish toy giant stopped delivering its iconic building bricks to Russia in March following the invasion of Ukraine but…
MoreRussian ambassador calls on Denmark to ‘repair relations’
Russia’s ambassador in Copenhagen has urged Denmark to start repairing relations with his own country. In response to a list of questions from TV2, which the channel has so far declined to publish,…
MoreU.S. marines in Denmark
U.S. marines are currently conducting a training exercise close to Jægerpris, a popular summer house location northwest of Copenhagen. Commander Beth Nelson, commanding officer of the USS Gunston Hall landing ship that arrived…
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Danish Krone Exchange Rate