Economists optimistic
While consumer confidence is at a record low, economists are more optimistic about the economy. Danske Bank economist Louise Aggerstrøm Hansen said that with real wages falling at a rate unseen since the…
MoreLong-term jobless find work
The long-term unemployment rate has fallen to the lowest level since 1996 and the lowest in the EU. The latest figures show only 13,100 long-term unemployed were registered in August, a 26-year-low, compared to…
MoreRetail sales up despite pessimism
Despite widespread consumer pessimism retail sales increased for the second successive month in August, though very slightly. The latest Statistics Denmark figures show retail sales edged up 0.1 percent month-on-month in August, after…
MoreBusiness shorts
Maersk slows down shipping fleet….Global Danish company pulls out of Russia….Christmas duck alarm…. Maersk is slowing the pace of its ships to lower fuel costs. The world’s largest container shipping company benefited from…
MoreElection fever as polls signal dead heat – ‘Løkke’ in the driving seat
With Prime Minister Mette Frederiksen expected to call an election at any time – possibly even today at the official opening of parliament – two new opinion polls signal a virtual dead heat…
MoreElection ‘stay of execution’
Today marks the official opening of parliament and the deadline for the Social Liberals’ (Radikale) threat to topple the government – but the centrist party has given the prime minister a short, 1-day…
MoreNew defence report warns of a ‘dark and uncertain’ future for Denmark.
76 years ago Winston Churchill warned of a Soviet ’Iron Curtain’ descending on the European continent – a new government report echoes the British wartime hero and projects a ‘dark and uncertain’ future…
MoreForeign Minister after ambassador meeting: Russian referendums a ‘farce’
Foreign Minister Jeppe Kofod said yesterday he would continue to criticise and condemn Russia’s behaviour ‘in the strongest possible terms’ after Russia’s Ambassador to Denmark, Vladimir Barbin, was summoned to explain his country’s…
MoreWaters around pipeline leaks designated as crime scene
Sweden’s public prosecutor has designated the area around the Nord Stream pipeline leaks in Swedish waters close to the Danish island of Bornholm as a ‘crime scene’ while the suspected sabotage is investigated….
MoreDenmark pledges a further €30.1m for arms to Ukraine
Denmark, Germany, and Norway have agreed to jointly finance eight new Zuzana-2 howitzer guns for the Ukrainian army, costing DKK 685m (€92m). Denmark is donating DKK230m (€30.1m) for the guns that will be…
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