National Bank: Money laundering could affect stability
The National Bank has warned the money laundering scandal at Danske Bank could affect Denmark’s financial stability. After the State Prosecutor’s Office for Serious Economic and International Crime (Søik), popularly known as the fraud…
MoreMPs call for money laundering probe to be widened
Politicians on both sides of the aisle have called for the money laundering investigations targetting Danske Bank to include other financial institutions. After German prosecutors raided several Deutsche Bank offices in the Frankfurt area, Thursday, over suspicions…
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Agreement on Baltic Pipeline / Danes pay most for energy Poland and Denmark have finally concluded an agreement on the construction of the Baltic Pipeline, a key energy infrastructure project that is set…
MoreThe Week That Was, November 26th – December 2nd 2018
Politics/Economy: The Social Democrats are hoping to make income tax an election campaign issue by proposing a ‘supertax’ on anyone earning more than DKK10m annually, which according to the party’s finance spokesman Benny…
MoreExperts: New migrant pact will have no consequences for Denmark
The controversial UN compact on migration, that Denmark is expected to accede to in December, will have no consequences for Danes, Danish society or for Denmark’s strict immigration policy, according to legal experts….
MoreDanish govt. ready for cap on family reunifications
The Danish coalition government looks like it’s will support the Danish People’s Party (DPP) idea of introducing a German-style cap on family reunifications. Finance minister Kristian Jensen (V) has now said he is…
MoreGermany under pressure in dispute over Danish border electricity
Danish energy companies are hoping for an imminent EU Commission decision that will allow bigger exports of power to Germany. The EU Commissioner for Competition Margrethe Vestager is currently evaluating whether German operator TenneT…
MoreExtra DKK 829 million price tag on upgrade of Danish tanks
When the Danish army modernises its German-made Leopard 2A5 tanks, the bill will be considerably higher than originally budgeted. This can be seen in a memo from the Ministry of Defence to the…
MoreNordea bank branch in Copenhagen implicated in money laundering claim
More than 98 per cent of accounts allegedly used for the money laundering at Nordea are associated with one branch in the centre of Copenhagen. The Danish operations of Scandinavian bank Nordea were…
MoreRussian energy ministry awaiting Danish decision on Nord Stream 2
The Russian Ministry of Energy expects to receive a decision from Denmark in the near future on its request to lay the Nord Stream 2 gas pipeline through its territorial waters, said Energy…
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