Business shorts
More green investment from pension fund / Renewable energy deal with Egypt / Carlsberg facing €250m fine in Germany….. Two days after announcing it would decease investing in tobacco companies due to cigarettes’…
MoreTax minister confident of retrieving $1bn in share dividend scam
Tax Minister Karsten Lauritzen believes around half of the DKK12.7bn defrauded from the Danish Tax Department (SKAT) in the share dividend scandal can be retrieved through legal channels. In Denmark’s biggest-ever tax fraud, SKAT…
MoreDenmark loses EU unemployment benefit battle
The government has lost its battle with the EU to protect Denmark’s generous unemployment insurance scheme (dagpenge) from potential abuse by foreign nationals who work in Denmark on a temporary basis. The EU Commission,…
MoreDanish blacklist delays imam’s New Zealand trip
A leading Muslim imam was refused entry to New Zealand following the Christchurch massacre as his name appears on the Danish government’s ‘blacklist’ of preachers barred from entering Denmark. Sheikh Shady Alsuleiman, one of Australia’s…
MoreTDC picks Swedish company, drops Huawei
Denmark’s biggest telecom company, TDC, has shunned Huawei and chosen Swedish multinational telecom company Ericsson to set up Denmark’s upcoming 5G network. The announcement, Tuesday, came after months of debate over security concerns surrounding…
MoreSpeaker throws baby out of parliament
An MP and her baby were ordered to leave the chamber of the Danish parliament by Speaker of the House Pia Kjærsgaard, Tuesday, for ‘creating a disturbance’. The Conservatives Mette Abildgaard said she was…
MoreVestager a leading candidate for EU liberals
Denmark’s EU Competition Commissioner Margrethe Vestager will figure prominently on a list of candidates for leading EU roles put forward by European liberals this week, alongside ex-Belgian Prime Minister Guy Verhofstadt and ex-commissioner Emma…
MoreCopenhagen 7th most expensive city in the world
Copenhagen is 7th this year on the British Economist magazine’s annual list of the world’s most expensive cities. For the first time in its 30-year history, the Worldwide Cost of Living Survey, which compares prices…
MoreDanske Bank hit with DKK3bn lawsuit
Less than a week after two of Denmark’s biggest pension providers, ATP and Pension Danmark, declined to join a collective compensation claim against Danske Bank for losses suffered due to the money laundering…
More76,400 living in parallel society
Prime Minister Lars Løkke Rasmussen has again vowed to halt the growth of the parallel society following a new report showing 76,400 people from ethnic minorities in 2015 were living isolated from mainstream Denmark…
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