Consumer confidence up but still in negative territory
Consumer confidence rose slightly in February, reflecting the drop in inflation, but the overall mood remains negative. According to the Danish Chamber of Commerce (DCC), it will be a long time before consumers…
MoreBusiness shorts
Pig population at 25-year low…..Maersk ship turned away from Spanish port…..Italian company fired from super hospital project…. The number of pigs in this country has fallen to a 25-year-low. Denmark is one of…
MorePM: If Putin isn’t stopped he’ll invade other countries
Prime Minister Mette Frederiksen has warned there’s a ‘significant risk’ that Russia will invade other countries if Ukraine loses the war. In an interview with TV2 on the sidelines of the Munich Security…
MoreForeign Minister sidesteps fighter jets issue but promises more ‘combat power’ for Ukraine
Foreign Minister Lars Løkke Rasmussen has declined to speculate on whether Western countries will supply combat jets to Ukraine but acknowledged the war in Ukraine is entering a ‘decisive phase’. He told TV2:…
MoreOne third of voters against high level of aid to Ukraine
Despite the government’s unconditional support for Ukraine more than a third of the electorate believes that Denmark shouldn’t be amongst the countries leading the way in financial and military donations. A new Megafon…
MoreIndustry wage agreement could avert national strike
Industrial sector trade unions representing 230,000 workers have successfully negotiated a new collective wage agreement with the employers’ association, the Confederation of Danish Industry (DI), which could avert a national strike. Union leaders…
MoreForeign workers ease labour shortage
The lack of manpower has forced Danish companies to increasingly look abroad. A new report by Statistics Denmark shows more than 51,000 work permits were issued last year to foreign workers, 11,000 up…
MoreBig rise in foreign manpower
1 in 8 of all full-time workers in this country today is a foreign national. New figures reveal that 12.2% of the labour force last year came from abroad, compared with only 5.7%…
MoreDanish sculptor threatens to sue Hong Kong University in Pillar of Shame controversy
Danish sculptor Jens Galschiøt is considering taking legal action to retrieve his controversial 8-metre high ‘Pillar of Shame’ statue that was exhibited at Hong Kong University (HKU) for more than two decades in…
MoreThe Week That Was, February 13th – 19th 2023
Politics/Economy: Nearly 1 in 4 voters would change their allegiance if an election was held right now – a new poll showed 23% of the electorate regret the choice they made on November…
More
Danish Krone Exchange Rate