Denmark high on global wealth survey
Despite the Covid epidemic every adult in Denmark increased their wealth by around DKK245,000 ($40,000) in 2020, on average. Denmark is ranked 7th on he latest Global Wealth report by top Swiss bank…
MoreHomeowners borrowing money at record-rate
Despite recent signs the red-hot housing market may be cooling off, homeowners borrowed DKK38.4bn ($6bn) during the year’s second quarter (Q2) to buy houses and apartments, the highest number of mortgages or re-financing…
MoreConsumers more confident as economy recovers
Consumer confidence continued to improve in July in line with the reopening of the retail sector and the easing of corona restrictions. The latest Statistics Denmark figures, published Thursday, show the consumer confidence…
MoreRefugee sympathisers play the ‘Jewish card’
More than 1,000 people have-signed an open letter to the government and parliament equating Denmark’s hardline immigration policy with the country’s rejection of Jews during World War 2 (WW2). The letter, also signed…
MoreStrict immigration test was illegal
The Danish immigration test has for years been far more difficult than permitted by law, meaning that many foreigners seeking residency by family reunification or religious preachers who have applied for extended stays…
MoreVirus updates
Infection, hospitalisation rates remain stable….Pregnant women get green light for vaccination….. 851 new corona cases were reported Wednesday, 31 up on the previous day, based on 84,349 tests, giving a positivity rate of…
MoreFormer DPP MEPs to testify against deputy leader
Two former Danish People’s Party (DPP) MEPs have been summoned as witnesses in the upcoming trial of the party’s deputy leader, Morten Messerschmidt, who’s been charged with misappropriating EU funds in the Meld and…
MoreRecord number of wage earners as upturn gains strength
The number of wage earners in this country rose to more than 2.8m in May, the highest since May 2008. The latest Statistics Denmark figures show 35,000 people were added to payrolls between…
MoreDanske Bank scandal prompts EU legislation
The stench of the Danske Bank money laundering scandal continues to linger. EU lawmakers have this week proposed a new agency to stop financial firms from aiding criminals and terrorists after the scandal…
MoreDenmark relieved as Germany and U.S. reach agreement on Nord Stream 2
Years of conflict surrounding the controversial Nord Stream 2 pipeline that passes through Danish territorial waters appear to be over. According to Berlingske, Germany and the USA have reached agreement on one of the…
More
Danish Krone Exchange Rate