Støjberg pulls out of migration pact conference
Integration Minister Inger Støjberg has pulled out of the Morocco conference next week when Denmark is expected to sign up to the controversial Global Compact for Safe, Orderly and Regular Migration. The minister…
MoreState spends DKK143m to deport 28 asylum seekers
The state has spent DKK143.2m (€19m) since 2016 running and operating the controversial Kærshovedgård departure centre in Jutland for failed asylum seekers yet over the same period only 28 residents have returned home. And…
More‘Annus horribilis’ for financial sector
The financial sector in Denmark has experienced a ‘miserable year’ –the overriding message from bank executives and politicians at the annual conference of the sector’s lobbying organisation, Finans Danmark, Monday. Michael Rasmussen, CEO…
MoreDanske Bank sets aside DKK18bn for potential fines
Danske Bank has set aside around DKK18bn ($2.7 bn) to pay potential fines and deal with the fallout of its role in one of Europe’s worst ever money laundering scandals. Acting Chief Executive…
MoreEx-Vestas boss named new climate troubleshooter
Ditlev Engel, former CEO of wind energy giant Vestas, has taken on a new role as the government’s climate troubleshooter. As Special Envoy for Climate and Energy, Mr Engel will ‘strengthen Denmark’s global…
MoreDid Danske Bank breach U.S. sanctions?
Questions are being asked as to whether the money laundering activities at Danske Bank could have breached U.S. sanctions. The bank has claimed no names on U.S. sanctions lists were involved but it’s…
MoreBusiness shorts
First ever bio-fuel voyage / Ørsted receives $4bn bid for power supplier Danish shipping line D/S Norden carried out the word’s first-ever voyage fuelled solely by biofuel in September when a company ship…
MoreBudget agreement: More focus on ‘core welfare’
The government and Danish People’s Party (DPP) finally reached agreement on the 2019 budget, Friday, in a deal that will appropriate DKK3bn over the next four years to improve ‘core welfare’, such as…
MoreCriminal asylum seekers heading for deserted island
Criminal refugees awaiting deportation are to be relocated to a deserted island as part of the 2019 budget agreement between the government and Danish People’s Party (DPP). Failed asylum seekers on ‘tolerated stay’…
MoreNew report: 64,000 kids living in poverty
The number of children in Denmark classified as ‘poor’ increased by nearly 25% last year. A new report by the Economic Council of the Labour Movement (ECLM), based on Statistics Denmark figures, claims…
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