Dollar dives
The US dollar continued its downward slide against the Danish krone yesterday, closing at 523.64, compared to 577.34 in January. Although the dollar continues to lose strength as the prospect of interest rate…
MoreCurrency reserves up
Denmark’s currency reserves rose by DKK7.4bn in March to DKK453.9bn. According to a Danish Central Bank press release: “The increase mirrors the Bank’s sale of DKK1.1bn in currency during the period and its…
MorePsychologists to appeal
The head of the Danish Psychological Association is to appeal a ‘disgraceful’ High Court ruling that would force a psychologist to commit a breach of professional secrecy. After judges affirmed a lower court…
MoreMiscalculation halves deficit
Denmark’s official budget deficit in 2010 was DKK47.4bn, bringing the country in line with the maximum 3% deficit requirement for entry into the eurozone. The Ministry of Finance had estimated the deficit to…
MoreOpposition’s economic policies are on the wrong track
Despite the Social Democrats and Socialist People’s Party’s efforts to appear ‘business friendly’, their policies would restrict economic growth by increasing public spending by DKK20bn per year, according to Mads Lundby Hansen, head…
MoreBankruptcies down
496 companies or firms went bust in March, a drop of 25% on the same month last year. The construction industry experienced the biggest decrease, reflecting signs of recovery as summer approaches. At the…
MoreAdapt to our society say Danes
A massive majority of the electorate believes that immigrants should abide by Danish norms. In a new Gallup poll taken after New Minister of Integration Søren Pind rejected the notion of a multi-cultural…
MoreImmigration could decide election
Immigration – yet again – looks like being the no.1 issue in this year’s general election. In a new poll, 64% of voters say that a party’s immigration policy is a major factor…
MoreOpposition divides ministry cake
Social Democrat leader Helle Thorning-Schmidt and her faithful sidekick, SPP leader Villy Søvndal, have already decided how to divide up the cabinet if they assume power after this year’s election. According to Jyllands-Posten,…
MoreHelle prepares for PM’s office
As the opposition prepares for how divide up the cabinet if the centre-left wins this year’s election, Social Democrat leader Helle Thorning-Schmidt has taken a step back from the limelight to ‘mentally prepare’…
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