Danish banks ignore guidelines and invest DKK6bn in Russia
Danish pension funds and banks have lent over DKK6b ($1.1bn) directly to the Russian state even though the financial sector has agreed not to support states that systematically violate human rights. Big names…
MoreNew DKK10bn stimulus package – but where are the jobs?
Prime Minister Helle Thorning-Schmidt presented the government’s new DKK10bn stimulus package, Thursday. Although unable to say how many jobs it would create, she claimed the 89 new initiatives would help the business sector…
MoreNew stimulus package will have minimal effect
DKK10bn of government stimulus spending will have minimal effect on the economy, a leading economist said after Prime Minister presented new growth initiatives, Thursday. The Danske Bank’s Steen Bocian said if the government’s…
MorePrime Minister: Liberals voted for an illegality
Prime Minister Helle Thorning-Schmidt accused the opposition of supporting an illegality yesterday, after a parliamentary majority defied both the government and EU Commission by voting for a resolution requiring EU citizens to have…
MoreNo border checkpoints say Liberals
The Liberals have distanced themselves from their close ally, the Danish People’s Party (DPP), by stating very firmly that there should be no manned checkpoints along Danish borders. The DPP forced the former…
MoreMinisters reject legalised cannabis
Cannabis topped the agenda when cabinet ministers fielded questions from voters during a ‘virtual public meeting’ on the social media site Facebook, Thursday. Prime Minister Helle Thorning-Schmidt said she was sorry to disappoint…
MoreTax breaks attract Danish business to Poland
At least 15 Danish companies have set up operations in special EU-approved economic zones in Poland that tempt business with tax exemptions, reduced rent, and start-up grants. In return, the companies are required…
MoreBusiness shorts
More cuts for SAS? / Lundbeck in multi-million US deal / Vestas on hiring spree in US SAS: SAS employees fear they could be facing another round of cutbacks after the struggling airline…
MoreNew stimulus package today
The government will present its latest stimulus package at 11am today, containing 89 new initiatives aimed, Finance Minister Bjarne Corydon said yesterday, at ‘finally pulling Denmark free of the crisis’. According to Berlingske…
More‘Hocus-pocus’ economics
Even before the government’s latest stimulus package is published this morning it’s been dismissed as ‘lacking ambition’ and ‘hocus-pocus economics’ by the opposition.’ The Liberals’ finance spokesman, Peter Christensen, said it would be…
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