Business optimism
Despite reports that the economy had slipped into a ‘technical recession’ at the end of last year, entrepreneurs remain optimistic about production and manufacturing. The latest Statistics Denmark figures show the industrial confidence…
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EU court supports LEGO….Ørsted inks Ireland deal… The European Union’s second-highest court ruled in favour of Danish toy giant LEGO for the second time in a trademark dispute over its iconic bricks, Wednesday. …
MorePM can’t rule out future one-legged pirates
Prime Minister Mette Frederiksen has said she can’t guarantee that pirates who attack Danish ships and are taken prisoner won’t eventually end up in this country, seeking asylum and claiming welfare, as has…
MoreDenmark, Czechia sign arms deal for Ukraine
Denmark and Czechia have officially formalised their letter of intent signed last year to provide infantry fighting vehicles, tanks, and heavy weapons to Ukraine. Defence Minister Troels Lund Poulsen said in a press…
MoreEmployment at record high but dark clouds ahead
Employment rose to a record high in November as 3,200 wage earners joined the labour market, bringing the workforce total to 3,005,600. Steen Nielsen, deputy director of the Confederation of Danish Industry (DI)…
MoreNational Debt at 25-year low
The National Debt has fallen to a 25-year-low. The National Bank’s New Year review shows debt was DKK294bn ($42bn) at the end of 2023, DKK28.6bn ($4bn) down from 12 months previously, and now…
MoreUNDP thanks Denmark
Denmark has donated DKK350m ($52m) in ’flexible funding’ to the United Nations Development Programme (UNDP). In a message on its website the UNDP thanked the government and people of Denmark for their ‘long-standing…
MoreTourism boost for state coffers
The tourism sector earned more than DKK70bn ($10bn) in 2023 from foreign visitors with Germans leading the way, new Statistics Denmark figures show. A spokesperson for the Danish Chamber of Commerce welcomed the…
MoreDenmark’s largest offshore gas field ready for re-start
The reboot of Denmark’s biggest gas field, part of the government’s pledge to become independent of Russian gas, is on schedule. The partners in the Danish Underground Consortium (DUC) have confirmed that the Tyra…
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Fraud squad nabs money-laundering scammers…..LEGO and Novo Nordisk on most valuable brands list….CIO launches energy island project…. The State Prosecutor’s Office for Serious Economic and International Crime (SØIK), popularly known as the fraud…
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