Return to growth

(photo: Merlijn Hoek)
June 6th, 2014 11:28 am| by admin
facebooktwittergoogle_pluspinterestmail

The economy grew in the first quarter of 2014 as the GDP increased to pre-financial crisis levels. The 0.9 percent growth followed a drop of 0.5 percent in the final three months of 2013. Compared to Q1 2013, GDP was 1.4 percent up.

ECB's a copycat
When it meets on Thursday, the European Central Bank may decide to adjust the official interest rate to negative figures. The Danish central bank adopted this move in 2012 in order to maintain the exchange rate during the euro crisis. Some commentators argue that the negative rate could encourage exports and spur lending.

Krone is "bullish"
According to Futuresmag.com, the krone is “looking bullish” against the US dollar. It broke out of a 14-month falling wedge earlier this month, creating a ‘Bullish Engulfing Candle’, signifying “a strong shift from selling to buying pressure and foreshadowing the rally we’ve seen throughout the month of May”.
 

 

Jeffrey Hunter and his dog Butch
July 4 special: Americans living the dream in Denmark
The US is admired the world over for the many liberties and freedoms deno...
No Washington state fair would be complete without it (all photos: Luisa Kyca)
Washington State Fair comes to Rydhave for early July 4 party
The who's who of Copenhagen’s diplomats and celebrities gathered in the g...
Your kids could have an upbringing rich in culture, but bereft of their own (photo: istock)
Mental Floss: What about the children?
When you move around the world as an expat and are a parent at the same tim...
The South Korean festival was a great success (Photo: South Korean embassy)
Getting quizzical at the Korean Kimchi Festival
We all know the Danes like to do it ‘Gangnam Style’, but from June 26-2...
Wash the dust with some Jazz (photo: istock)
Jiving with junior at Jazz for kids
  Cph Jazz Festival for Kids July 6-10; Søndermarken, Frederiksbe...
Lars Løkke has his claws on power again (photo: Johannes Jansson)
How Lars Løkke defied the odds to return to power
If Lars Løkke Rasmussen was an animal, he would surely be a cat. Not ev...