Several of Denmark's political parties want to release part or all of Danish residents''frozen holiday money' ahead of the summer break, meaning a cheque of up to 24,500 kroner for someone earning 350,000 kroner a year. And some want to go even further and give out 'helicopter money'.
Denmark's finance minister has said he expects the country's economy to shrink by between 3 and 6 percent in 2020 as a result of measures taken to control the coronavirus pandemic.
As the new coronavirus risks throwing the world into the most violent recession in recent history, authorities in the Nordic region are urging their banks to forego paying out dividends to shareholders.
Denmark’s prime minister Lars Løkke Rasmussen has denied rumours of a spilt within the Venstre (Liberal) party after a minister called a proposal for a state loan system “socialist”.
Denmark’s crisis-torn tax authority Skat will be dismantled and restructured as seven new agencies, the government announced Tuesday, after a series of scandals in recent times.
A tug of war between Sweden, Denmark and Finland over where Nordic banking giant Nordea should base its head office in the future is beginning to heat up.
The C20 Cap Index stock exchange bounced back on Tuesday following a slump after crashing financial markets in China and elsewhere in Asia sent ripples around the world.
UPDATED: The C20 Cap Index ended Monday down 4.7 percent, the biggest single-day fall since 2011, as global traders face "total panic" big drops on the Chinese market.
