Return to growth

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”.
 

 





  • How internationals can benefit from joining trade unions

    How internationals can benefit from joining trade unions

    Being part of a trade union is a long-established norm for Danes. But many internationals do not join unions – instead enduring workers’ rights violations. Find out how joining a union could benefit you, and how to go about it.

  • Internationals in Denmark rarely join a trade union

    Internationals in Denmark rarely join a trade union

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