Former municipal employee admits to embezzling DKK1.8m
A former employee of Gentofte Municipality has confessed to defrauding the local government of DKK1.8 million ($275,000). The fraud took place last year and involved 70 fictitious invoices issued to the local authorities…
MoreNew ‘Bornholm regiment’ to keep Russia at bay
More Danish troops will be stationed on the island of Bornholm as part of a major restructuring of the armed forces, Defence Minister Troels Lund Poulsen announced last night. The ‘Bornholm Regiment’ will…
MoreRussian ambassador: ‘We’ll be watching you’
Russian Ambassador Vladimir Barbin has warned that the military build-up on Bornholm will be monitored ‘very closely’ following the government’s decision to establish a new regiment on the Baltic island. In a written…
More$45m for ammunition to Ukraine
The Defence Ministry has announced a new DKK317m ($45m) donation to fund artillery ammunition purchased through Estonia for Ukraine. On his way to Estonia, Tuesday, to discuss continued support for Ukraine and a…
MoreKing Frederik on charm offensive in Greenland
King Frederik will accompany Greenland’s new prime minister, Jens-Frederik Nielsen, when he returns to the Arctic isand on Monday following two days of talks over the weekend with Prime Minister Mette Frederiksen in…
MoreGovernment moves to ban fake content on social media
The government is pushing to amend the Copyright Act to prohibit the spread of AI-generated or manipulated content on social media without approval from the person depicted. The move comes exactly 12 months…
MoreMore bankruptcies
More and more businesses are experiencing hard times. New figures from consultancy company Experian reveal a 25% increase in bankruptcies – 563 companies went bust in March, compared to 450 during the same…
MoreUnemployment up
Despite a slight rise in unemployment rose economists remain confident the job market is in good shape. The latest figures from the Danish Agency for Labour Market and Recruitment show 500 people joined…
More26 new ships to defend territorial waters
The government has announced a DKK 4bn ($615m) 8-year plan to build and/or procure 26 naval ships to improve surveillance and defence of territorial waters. The ambitious new strategy, backed by six parties…
MoreNew naval strategy – but where are the subs?
The government’s multi-billion naval strategy has already come under fire for failing to include submarines, ‘the most effective deterrent in modern warfare’ according to the editor of defence media outlet Olfi, Peter Ernstved…
More
Danish Krone Exchange Rate