Vestager concerned about Facebook’s new cryptocurrency
After targetting Apple and Google, former Social Liberal (Radikale) leader Margrethe Vestager, Executive Vice President-Designate of the European Commission, has turned her attention to Facebook and its planned cryptocurrency, Libra. In an interview…
MoreMary gets royal promotion
Crown Princess Mary has been made a regent of the crown (rigsforstander) meaning she can perform duties as head of state when Queen Margrethe is unavailable. After having sworn to respect the Danish…
MorePay hike for Queen
Queen Margrethe can look forward to a pay rise next year. Her Majesty has been awarded DKK87.6m in the government’s 2020 draft budget, a DKK1.7m increase. The rest of the royal family will…
MoreIrish PM in Copenhagen
Prime Minister of Ireland Leo Varadkar arrives in Copenhagen tomorrow for talks with his Danish counterpart, Mette Frederiksen, when Brexit will be high on the agenda. In a press release ahead of the…
MoreWelfare, climate top PM’s agenda
Welfare and the climate were the main themes of Prime Minister Mette Frederiksen’s maiden speech to parliament, Tuesday. In a somber tone the PM warned that conditions for children and the elderly need…
MoreMedia, political reaction to PM’s ‘gloomy’ speech
Politiken’s editor in chief Christian Jensen said the Prime Minister attempted to update the classic social-democratic narrative of solidarity and unity but the speech was unnecessarily gloomy: “Denmark isn’t on the verge of…
MoreBudget 2020: Extra DKK4.9b on welfare
Inheritance duty, the disbanded refugee island project, an increase in the price of cigarettes, and the cancellation of planned tax cuts will raise around DKK2.6bn to fund the government’s welfare promises. An additional…
MoreGays celebrate 30th anniversary of marriage legislation
Gay rights activists yesterday celebrated the 30th anniversary of groundbreaking legislation when Denmark became the first country in the world to allow same-sex couples to marry. The ‘registered partnerships’ bill was passed by…
MoreDanske Bank liquidates Estonian branch
Danske Bank has finally ceased all operations in Estonia, the focal point of the money laundering scandal. In February the Estonian Financial Supervisory Authority ordered Danske to shut down its controversial Tallin branch…
MoreSystemic Council warns of risks to economy
The Systemic Risk Council has urged the government to increase the counter-cyclical capital buffer rate from 1.5 per cent to 2.0 per cent from 30 December 2020 to deal with the risks that…
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