Faroes eager to renew fishing deal with Russia
The Faroe Islands, who earlier this year were accused of profiteering from the war in Ukraine by ignoring EU sanctions on Russia, are preparing to sign a new fishing agreement with Moscow. Following…
MoreForeign buyers line up to buy Denmark’s used F16 fighter jets
A number of countries have expressed an interest in purchasing the Danish Air Force’s well-worn F16 fighter jets that over the next few years will be replaced by a new fleet of F-35A Lightning…
MoreConsumers remain pessimistic
Consumer confidence rose slightly in November but households remain very pessimistic about their own finances. Despite new Statistics Denmark figures showing the consumer confidence index rose to minus 30.4, from minus 37 the…
MoreUK Supreme Court to rule on tax agency’s $1.7bn demand
The Danish tax authority’s (SKAT) efforts to claw back some of the billions of kroner defrauded in the share dividend scam between 2012 and 2015 is heading for the UK Supreme Court, which…
MoreDenmark involved in OneLove controversies at Qatar World Cup
While the captain of Denmark’s World Cup team bowed to pressure and dropped the idea of wearing a OneLove armband at yesterday’s opening group match against Tunisia, former prime minister Helle Thorning Schmidt…
MoreStøjberg turns on former ally
Denmark’s Democrats leader Inger Støjberg has lashed out at her former close ally, Jakob Ellemann-Jensen, after the Liberal leader said over the weekend he’s exploring the possibilities of joining the Social Democrats in…
MoreParliament lifts DPP leader’s immunity
As expected, a unanimous parliament voted to waive Danish People’s Party leader Morten Messerschmidt’s political immunity, Tuesday, paving the way for his retrial in the EU Meld and Feld fraud affair to get underway as…
MoreInflation crisis is likely to be long-lasting
Inflation hit 11.5% in the EU last month, the highest since 1997 and only slightly more than the 11.4% registered for Denmark, the latest Statistics Denmark figures show. Senior economist Niklas Praefke of…
MoreOECD predicts rise in unemployment, low growth
In its latest Economic Outlook, published Tuesday, the Organisation for Economic Co-operation and Development (OECD) projects that unemployment in Denmark will rise to 5.7% next year. Senior economist Jeppe Juul Borre of Arbejdernes Landsbank said the…
MoreMaersk settles sex assault lawsuits in U.S.
Maersk has settled a second sexual assault lawsuit in the U.S. On Friday, the Danish shipping giant announced it had reached a settlement for an undisclosed amount with Hope Hicks, a former US…
More
Danish Krone Exchange Rate