Government presents new growth plan

The government listed four key areas aimed at making it cheaper and easier to create jobs

The prime minister, Helle Thorning-Schmidt, presented the government’s new growth plan today at a press conference that aims to completely push Denmark out of the financial crisis and promote business growth.

The growth plan, entitled 'Danmark Helt ud af Krisen – Virksomheder i Vækst' (’Denmark all the way out of the crisis – Growth for Companies’), listed four central areas and 89 initiatives that will help accomplish the goals.

“The government has assumed responsibility for bringing Denmark safely through the crisis with our unity intact,” Thorning-Schmidt said.

“Instead of just focusing on taxes and fees, we must use our whole tool box. We don’t advocate zero growth, but an annual rise of 0.6 percent in the public sector.”

READ MORE: Government sets aside billions for research

Company delight
The government’s four key areas aimed at making it cheaper and easier to create jobs were:

 – Making it easier and cheaper to run a company, including a 5.8 billion kroner easing of the Public Service Obligations tax that companies have to fork up for energy consumption.

 – Better access to financing options including discounts for contributions into small companies and an easing of dividend taxation for companies. The growth and export loan initiatives were also extended.

 – Lower prices for consumers and companies by making the supply sector more efficient (expenditure: 3.3 billion kroner), a more homogeneous national standard for the construction sector and improved competition in the private service sector.

 – Obtaining more highly-skilled workers and more advanced production via improved international recruitment, better adult education, more internships and more research, to which the government has earmarked three billion kroner.

READ MORE: Economy warming up, according to minister

Reduced costs
The 89 initiatives for the growth plan, here in Danish, are expected to generate six billion kroner of growth, while companies will be able to reduce their expenses by four billion kroner thanks to less administrative burdens and lower costs.

The plan will also lead to companies being able to enjoy an additional eight billion kroner worth of investments looking ahead to 2020.

The government did not reveal how many jobs its growth plan could potentially generate.

TOP STORIES

  • 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.

  • State pool for coastal protection financing inundated with applications

    State pool for coastal protection financing inundated with applications

    11 applicants sought state funding of over one billion kroner each for critical coastal protection projects, but the subsidy pool only contains 150 million kroner. Denmark’s municipalities say the government needs to provide more financing.

  • Safety concerns at Jewish school after nearby explosions in Israeli embassy area

    Safety concerns at Jewish school after nearby explosions in Israeli embassy area

    In the early hours of October 2, two hand grenades were detonated near Denmark’s Israeli Embassy in Hellerup, just outside Copenhagen. While nobody was injured, the attack has raised safety concerns at the local Jewish school, which chose to close that day, and is operating with police security. The Copenhagen Post spoke to the father of a child who attends the Jewish school, who shared his thoughts on raising his daughter in this climate.

  • Denmark postpones green hydrogen transmission rollout to Germany to 2031

    Denmark postpones green hydrogen transmission rollout to Germany to 2031

    Denmark will postpone its rollout of the first cross-border green hydrogen pipeline between western Denmark and northern Germany by three years from 2028 to 2031, as production stumbles over technical, market and permit complexities.

  • Overview: Denmark’s upcoming education system reform

    Overview: Denmark’s upcoming education system reform

    The Danish government yesterday presented its proposals for an education system reform, including scrapping 10th grade, introducing tougher admission requirements, and opening 400 new international degree-level study places in the STEM fields.

  • Almost half of Danes support an enforced two-state solution in Israel and Palestine

    Almost half of Danes support an enforced two-state solution in Israel and Palestine

    45 percent of survey respondents support a two-state solution enforced by the international community. However, 51.1 percent oppose the use of military force. Advocates of the two-state solution suggest a Palestinian state whose territory comprises the Gaza Strip and West Bank, linked by an Israeli-owned corridor through Israel.

Connect club

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

Sign up here

Career

  • 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.

Want to advertise your job with CPH Post?

Contact us

Jobs