Løkke aims for euro pact
The government wants to see Denmark in the new euro pact. Prime Minister Lars Løkke Rasmussen has previously only called the pact ‘attractive’ but he has now come down firmly in favour of…
More2020 plan before May says Finance Minister
The government will present its long awaited 10-year ‘2020’ plan for the economy before May, Minister of Finance Claus Hjort Frederiksen promised yesterday before coming under fire from the Social Liberals who accused…
MoreBusiness execs should tone down their wage demands
Top business executives should live up to their own demand for labour-market wage moderation. That’s the message from Minister of Finance Claus Hjorth Frederiksen as the governmental Growth Forum prepares to release its…
MoreLA’s fantasy economics
The Liberal Alliance’s (LA) economic plan, that it’s claimed will raise DKK80bn, is riddled with holes according to leading economists. Professor Nina Smith of Århus Business School said there are some elements in…
MoreBahrain: Espersen echoes US concern
Minister of Foreign Affairs Lene Espersen has echoed US Secretary of State Hillary Clinton who said during a visit to Egypt, Wednesday, that Bahrain and its allies have committed a major mistake. In…
MoreJapan: Emergency aid ready – Ministry warns against all travel
Denmark is ready to send a field hospital, office facilities and tents to Japan as soon as the request comes in. Minister of Defence Gitte Lillelund Bech said yesterday that emergency services are…
MoreMinistry didn’t secure orders
Minister of Defence Gitte Lillelund Bech has been forced to apologise because her ministry has failed to abide by legislation that requires Danish Defence purchasers to ensure that the business sector is given…
MoreWe have to protect the Libyan people says Espersen
While the Danish government is officially pushing for a UN mandate to sanction a no-fly zone over Libya, Minister of Foreign Affairs has echoed the Prime Minister by airing the possibility of sending…
MoreArm the insurgents
In a rather unlikely alliance, the Conservatives and far-left Red/Green Alliance have urged the government to arm Libyan insurgents so they can resist the crackdown by Muammar Gaddafi. After Gaddafi’s son, Saif al-Islam,…
MoreInterest-only loans are damaging says National Bank
The Danish National Bank has called for a stop on interest-only loans. In its latest quarterly report published today, the Bank claims that principal-free loans and the freeze on property taxes have helped…
More
Danish Krone Exchange Rate