Today’s front pages – Wednesday, Jan 30

The Copenhagen Post’s daily digest of what the Danish dailies are reporting on their front pages

Nordea Bank experiences record year

While many Danish banks continue to languish in the continuing financial crisis, Nordea Bank managed to produce its best year ever in 2012. Denmark’s second biggest bank enjoyed staggering profits of over 30 billion kroner, bettering their previous best year of 2007. Some 85,000 new customers and more company business were the primary reasons behind the success, one managing director said. – EPN

Law to help abused foreign women proposed

The justice minister, Morten Bødskov (Socialdemokraterne), has proposed a new law that would ensure that foreign women won't be kicked out of Denmark if they flee from a violent spouse. Currently, women risk losing their residence permits if they have lived in Denmark for less than two years. Of the 2,000 women that annually live in crisis centres, around half of them are of a non-Danish background, according to the latest report from welfare researchers SFI-Det Nationale Forskningscenter for Velfærd. – Politiken

Danes cheat for 50 billion kroner

The state misses out on 50 billion kroner every year because many taxpayers cheat their way out of paying into the state treasuries, according to a new report. The report, compiled by Henrik Jacobsen Kleven, an economics professor at the London School of Economics, indicated that social fraud, tax evasion and under-the-table jobs were central contributors to the hole in the state coffers. Under-the-table jobs (sort arbejde) cheated the state out of nearly 30 billion kroner, while social fraud accounted for seven to 12 billion kroner, and tax evasion cost around five billion kroner. – Berlingske

Bankruptcy quarantine proposal draws criticism

A Justice Ministry proposal to quarantine directors and CEOs who have swindled and cheated their companies into bankruptcy has garnered criticism from experts. The experts say that the government’s decision to keep the quarantine list from public view means that it will have little effect. A report from tax authority Skat indicated that 40 of the largest bankruptcy fraudsters cost the state over 700 million kroner between 2008 and 2010. – Jyllands-Posten

TOP STORIES

  • Chinese wind turbine companies sign pact to end race-to-the-bottom price war

    Chinese wind turbine companies sign pact to end race-to-the-bottom price war

    China’s 12 leading wind turbine makers have signed a pact to end a domestic price war that has seen turbines sold at below cost price in a race to corner the market and which has compromised quality and earnings in the sector.

  • Watch Novo Nordisk’s billion-kroner musical TV ad for Wegovy

    Watch Novo Nordisk’s billion-kroner musical TV ad for Wegovy

    Novo Nordisk’s TV commercial for the slimming drug Wegovy has been shown roughly 32,000 times and reached 8.8 billion US viewers since June.

  • Retention is the new attraction

    Retention is the new attraction

    Many people every year choose to move to Denmark and Denmark in turn spends a lot of money to attract and retain this international talent. Are they staying though? If they leave, do they go home or elsewhere? Looking at raw figures, we can see that Denmark is gradually becoming more international but not everyone is staying. 

  • Defence Minister: Great international interest in Danish military technology

    Defence Minister: Great international interest in Danish military technology

    Denmark’s Defence Minister Troels Lund Poulsen attended the Association of the Unites States Army’s annual expo in Washington DC from 14 to 16 October, together with some 20 Danish leading defence companies, where he says Danish drone technology attracted significant attention.

  • Doctors request opioids in smaller packs as over-prescription wakes abuse concerns

    Doctors request opioids in smaller packs as over-prescription wakes abuse concerns

    Doctors, pharmacies and politicians have voiced concern that the pharmaceutical industry’s inability to supply opioid prescriptions in smaller packets, and the resulting over-prescription of addictive morphine pills, could spur levels of opioid abuse in Denmark.

  • Housing in Copenhagen – it runs in the family

    Housing in Copenhagen – it runs in the family

    Residents of cooperative housing associations in Copenhagen and in Frederiksberg distribute vacant housing to their own family members to a large extent. More than one in six residents have either parents, siblings, adult children or other close family living in the same cooperative housing association.

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  • Come and join us at Citizens Days!

    Come and join us at Citizens Days!

    On Friday 27 and Saturday 28 of September, The Copenhagen Post will be at International Citizen Days in Øksnehallen on Vesterbro, Copenhagen. Admission is free and thousands of internationals are expected to attend

  • Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.

  • Lolland Municipality launches support package for accompanying spouses

    Lolland Municipality launches support package for accompanying spouses

    Lolland Municipality, home to Denmark’s largest infrastructure project – the Fehmarnbelt tunnel connection to Germany – has launched a new jobseeker support package for the accompanying partners of international employees in the area. The job-to-partner package offers free tailored sessions on finding a job and starting a personal business.

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