The public sector deficit was DKK77.5bn last year, far more than expected. In its Interim Economic Assessment published last week the government stated the deficit was DKK74.5bn but Statistics Denmark has now downwardly…

Improved key indicators for the eurozone signal encouraging news for Denmark, the Danske Bank claimed, Monday, in response to new figures showing the downward slide in the eurozone’s manufacturing sector eased in May….

456 businesses were forced to file for bankruptcy in May, virtually the same number as the same month last year, a new Experian survey shows. However, fewer retailers were forced to shut down…

Real wages in the private sector rose by 1.8 per cent in Q1 compared to same quarter last year, a sign that wage-earners are finally reaping the benefits of tax relief and low…

Unskilled workers’ wages, in percentage terms, have risen by more than the average executive’s salary over the past 11 years. A new Confederation of Danish Industries (DI) study of the rate of wage…

Danish pharmaceutical company Lundbeck is the big name amongst nine companies that will receive a significant fine from the EU Commission for willfully limiting the supply of cheaper, rival medicines. A Commission spokesman…

Despite varying claims that the economy is heading for growth, new Statistics Demark figures point in the opposite direction. After a week in which the government, the ‘wise men’ of the Economic Council,…

Prime Minister Helle Thorning-Schmidt is the favourite to succeed Catherine Ashton as the EU’s High Representative for Foreign Affairs and Security Policy, according to leading political commentator Hans Engel who claims the Danish…

A new book by a leading business academic blows the lid of Danes’ view of themselves as industrious, productive, and the ‘best in the world’ at virtually everything. In ‘Average People’, author Morten…

More and more unemployed Danes have become encouraged to apply for menial jobs since the government tightened the entitlement rules for social benefits. The up-market Ruths Hotel in Skagen, which has for years…