A.P. Møller forces new chairman on Danske Bank
A career civil servant is set to become the new chairman of Danske Bank. A.P. Moller-Mærsk, the bank’s biggest shareholder who last week demanded the removal of current chair Ole Andersen after he…
MoreDip in exports threatens growth
Danish exports declined in September even though the global economy continues to grow – a ‘worrying sign’ according to leading economists. The latest Statistics Denmark show exports, excluding ships, aircraft, fuel, etc. decreased…
MoreThe Week That Was, November 5th – November 12th 2018
Politics/Economy: Integration Minister Inger Støjberg resisted calls to amend family reunification rules for minors who she claimed have been indoctrinated by Koran schools in their own country before they arrived in Denmark. Social…
MoreSocial fraudster back in Copenhagen today
64-year-old Britta Nielsen will arrive at Copenhagen Airport this morning to face charges of embezzling DKK111m from the Danish social authorities. In an untraditional move a Johannesburg’s court ruled yesterday that Ms Nielsen, who…
MoreRuling party demands probe into Iran embassy’s ‘hit list’
Lawmakers have called for a probe into the Iran embassy’s possible involvement in the alleged assassination plot against Iranian exiles residing in Denmark. The ruling Liberal’s foreign affairs spokesman, Michael Astrup Jensen, said…
MoreSocial Democrats split on international conventions
Social Democrat whip Henrik Sass Larsen has come under fire within his own party for suggesting Denmark should pull out of ‘destructive’ international conventions and human rights courts. In his TV news analysis…
MoreTime magazine praises Danish EU Commissioner – ‘a voice of sanity’
Denmark’s feisty Competition Commissioner Margrethe Vestager, who President Trump has accused of being biased against the US, is profiled in an in-depth article in news magazine, Time. Ms Vestager is due to step…
MoreDenmark given EU reprimand for failing to implement money laundering directive
Denmark has received a ’formal letter of notice’ for failing to fully implement the EU’s 4th money laundering directive. The European Commission has ordered both Denmark and Estonia to completely transpose the directive…
MoreEU watchdog to probe Danish authority’s handling of Danske Bank scandal
The EU Commission has ordered the European Banking Authority (EBA), the EU’s banking watchdog, to investigate why Denmark and Estonia’s national supervisors failed to pick up on Danske Bank’s massive money laundering scandal –…
MoreMinister threatens to fire Danske Bank
Danske Bank’s problems continue to mount up. Innovation Minister Sophie Løhde has warned the bank will be fired as the state’s paymaster if it’s found guilty of money laundering. She told a parliamentary…
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