Watchdog warning: Money launderers could target smaller banks following clampdown
The Financial Supervisory Authority (FSA) has warned smaller banks to be on high alert for signs of money laundering as larger lenders implement wide-reaching safeguards. In an interview with Bloomberg News, the head…
MoreMaersk heir calms jittery investors
Maersk heir Ane Maersk McKinney Uggla came under fire from shareholders, Tuesday, concerned about a steady fall in share price since the shipping giant turned its back on the oil and gas industry to…
MoreBusiness shorts
SAS pilots’ strike threat / No currency intervention from National Bank… Copenhagen Airport could be heading for more disruption. After a number of flights were delayed or cancelled , Monday, when baggage handlers…
MoreImmigration threat to Frederiksen’s PM bid
Social Liberal (R) leader Moren Østergaard has warned his ally Mette Frederiksen that unless she distances herself from the Danish People’s Party’s (DPP) strict immigration policy he will actively resist her candidacy for…
MoreDenmark wins EU unemployment battle
Labour Minister Troels Lund Poulsen has welcomed the EU Parliament’s rejection of a wide package of changes to rules on the coordination of social security systems. The government had fought to protect Denmark’s…
MoreSlovakian in gay assault appeals to Supreme Court
A 34-year-old Slovakian national who was last year sentenced to 30 days in prison for assaulting the partner of Justice Minister Søren Pape Poulsen has been granted permission to appeal to the Supreme…
MoreBig plans for tiny town
What at first appeared to be an April’s Fool story will soon become reality – a tiny Danish town in the middle of Jutland is set to host western Europe’s tallest skyscraper. The…
More5% unemployment puts Denmark 12th in EU
With an unemployment rate of 5% Denmark was 12th out of 28 EU countries in February. The latest Eurostat figures show the lowest unemployment rates were recorded in the Czech Republic (1.9%) Germany…
MoreTrain, airport strikes
Copenhagen was hit by a couple of unrelated transport strikes, Monday. Flights from Copenhagen Airport were delayed after baggage handlers for cut price airlines such as Ryanair and Easyjet held left work to…
MoreAuto sales hit record high but ‘green’ cars lag behind
26,323 new cars were sold in March, an average of 35 per hour and a single-month record. The number of new car registrations was 33% higher than the same month last year as…
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