Exporters prepare for no-deal Brexit
The Danish Chamber of Commerce (DCC) has warned its members to prepare for a hard Brexit and a potential ‘no deal’ that would have major repercussions for Danish companies. With no sign of…
MoreFall in exports, imports leads to DKK7.1bn drop in trade surplus
Danish exports fell by 2.4% in July, a strong indication that the crisis is far from over according to senior economist Allan Sørensen of the Confederation of Danish Industry (DI). Shipments to the…
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SAS lost 3 out of 4 passengers in August….TDC rolls out 5G network….Navy buys Canadian minesweepers in$35m deal…. The corona crisis continues to devastate Scandinavia’s flagship airline, SAS, whose total number of passengers …
MoreNew corona restrictions as infections rise
The government has partially rolled back the reopening process following a sharp spike in corona virus infections. After 1,000 new infections over the past week, the highest since spring, Health Minister Magnus Heunicke…
MoreConcessions for green cars would create problems for the economy
Costlier petrol and a new road tax on all vehicles – two of the main proposals in the specially appointed government commission’s report on electric cars, published Monday, following 18 months of deliberations…
MoreThe ’Kofod Doctrine’: We need the USA
Foreign Minister Jeppe Kofod is pushing for a new foreign and security policy based on traditional Social Democrat values even though it could clash with Danish interests abroad – a strategy at odds…
MoreFailed ambassador on full pay during suspension
Thomas Ahrenkiel, who was denied the ambassadorship of Germany last week after being implicated in the Military Intelligence scandal, is receiving full pay while suspended from the Defence Ministry. Figures from the Agency…
MoreUN appeal for Maersk migrants
Three international organisations – the UN Refugee Agency (UNHCR), the International Chamber of Shipping (ICS), and the International Organisation for Migration (IOM) – have urged Mediterranean countries to accept the 27 migrants who’ve…
MoreAngela Merkel: Navalny affair could halt Nord Stream 2
Germany’s Chancellor Angela Merkel has refused to rule out reconsidering the Nord Stream 2 Russian pipeline, currently under construction in Danish territorial waters, that will transport gas through the Baltic Sea from Russia…
MoreIndustrial production down as corona hits pharmaceutical industry
industrial production, a measure of output of the industrial sector of the economy, fell by 5.6% percent month-on-month in July in July, mainly due to a significant decline in pharmaceutical sales. The latest…
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