Inflation falls again
Inflation fell for the sixth consecutive month in April, to 5.3%, down from 6.7% in March, the biggest single-month decline for more than 40 years. Senior Nykredit economist Palle Sorensen called it a…
MoreRyanair ruling could be kiss of death for SAS
Irish discount airline Ryanair has won its challenge against Scandinavian Airlines’ (SAS) 2020 DKK7bn ($1.01bn) state bailout by the Danish and Swedish governments. In a landmark ruling, Wednesday, Europe’s second-highest court cited errors…
MoreDKK5bn airport expansion to solve ‘bottleneck’ problems
Copenhagen Airport is spending DKK5bn ($735m) on a total remodeling of Terminal 3, the busiest area which handles around passengers a year. The largest expansion ever at the airport is intended to improve…
MoreNew dispute over Mohammed cartoons teaching in schools
When the Liberals (Venstre) were in opposition they lobbied to put the Mohammed crisis on the national school curriculum but as a coalition partner have declined to vote for the same proposal in…
MoreAnti-migrant party drops ‘non-negotiable’ demands
The New Right will need to soften its hardline stance in the future to survive, party founder Pernille Vermund said yesterday following a new poll showing the anti-migrant party would win no more…
MoreDenmark and Holland in talks over F-16s to Ukraine
During a visit to Brazil, Wednesday, Netherlands prime minister, Mark Rutte, said Ukraine’s appeal for F-16 combat jets is ‘being discussed with Denmark, the US, and the UK.’ ”The debate about transferring F-16…
MoreSupermarket chain announces cigarette ban but lawmakers reluctant to follow
Supermarket chain Lidl has announced it will stop selling cigarettes from 2028 and 60 new outlets planned over the next few years will be totally free of all tobacco products. A spokesperson said…
MoreNo recession – economy heading for ‘soft landing’
Leading Nordic bank Nordea has ruled out the prospect of a recession and projected a ‘soft landing’ for the economy following a period of ‘full steam’. In its latest forecast, published Wednesday, the…
MoreTrade surplus up
Denmark’s balance of payments surplus increased in March as exports rose slightly faster than imports. The latest Statistics Denmark figures show the total trade surplus rose to DKK 24.8 bn ($3.4bn) in March…
MoreSlight uptick in housing market
The housing market downturn took a respite in April as the price of houses and apartments rose by 0.9% and 1.3% respectively on a national basis. It’s the second month in a row…
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