Conflicting signals on budget
Finance Minister Nikolaj Wammen emerged from a marathon round of negotiations late last night claiming the government is ready to present a final 2020 draft budget for consideration this morning but according to…
MoreGovernment compromises on climate as green cars become more expensive
Despite the government’s lofty climate ambitions, taxes and duties on electric cars are set to rise from the New Year. Following another day of budget negotiations, Thursday, Nikolaj Wammen declined to say if…
MoreDenmark 7th in consumer well-being
Denmark is a modest 7th on a ranking of financial well-being in Europe topped by Germany and Austria. Greece and Lithuania take the bottom spots. The European Consumer Payment Report (ECPR) by Swedish…
MoreBusiness shorts
Vestas inks Kazakhstan deal…EU sues Denmark in feta dispute….Maersk lays off 200 workers…. Wind energy giant Vestas has secured an order to deliver 48MW of turbines for the expansion of the Astana wind…
MoreUS Ambassador hit by media storm: ‘Time to go Ms Sands’
U.S. Ambassador to Denmark Carla Sands’ ‘meddling’ in Danish defence policy has been met with a barrage of criticism by the media. After the Ambassador urged Denmark to buy more US-made fighter jets…
MoreLiberals push back on climate criticism
The Liberals (V) have hit back at Climate Minister Dan Jørgensen’s claim that the previous government did nothing for four years and was responsible for last year’s increase in CO2 emissions. The former…
MoreDanish link to U.S. white supremacists
Leaked data from Iron March, a notorious website for violent white supremacists in the USA, reveals links to Danish extremists. DR News reports how one Danish poster, who goes under the name ‘Anti-gay’, exchanged text…
MoreVestager vows to continue probe of US IT giants
After being confirmed as the EU Commission’s Executive Vice President for Digital, Wednesday, Denmark’s Margrethe Vestager said the EU is still determined to push for a digital tax even if a similar move…
MoreBlackstone tries to repair tarnished image
Following widespread criticism of its dubious business practices American property investment company Blackstone is changing its name in Denmark to the more Danish sounding Kereby. The government said last month it’s exploring ways…
MoreBanks ill-equipped to deal with new financial crisis
The National Bank has expressed concern that banks are poorly prepared to face a new financial crisis. Following the bi-annual ’stress test’ that revealed some banks don’t have the necessary financial buffer to…
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