US central bank cuts interest rate: Here’s what it means for Danish homeowners

The FED’s interest rate cut will bring savings for homeowners in Denmark with variable loans, say economists.

Photo: Boligsiden

Sep 19, 2024

The US central bank, the FED, announced on Wednesday that it will cut its key interest rate from its current 23-year high, as inflation finally comes into check and the US job market cools – a move that will have big implications for economies worldwide.The announcement was not unexpected; at the end of August, Federal […]

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Photo: Boligsiden

US central bank cuts interest rate: Here’s what it means for Danish homeowners

The FED’s interest rate cut will bring savings for homeowners in Denmark with variable loans, say economists.
Stolpersteine: The citizens’ art initiative commemorating WW2 courage in Copenhagen

September 19 2024 marks the 80th anniversary of a mass deportation of Danish policemen to concentration camps by Nazi soldiers. A citizens’ memorial project is keeping their courage alive through urban art in Copenhagen.
The government presents major health plan

In Denmark, five regions are responsible for health and hospitals. The government will propose that the regions of Sjælland and the capital be combined, so that in future there will be four regions in Denmark.
SAS emerges from bankruptcy, opens 15 new routes from Copenhagen

The new routes, expected to open in summer 2025, will connect Copenhagen with Seattle, Krakow, Madrid, Budapest, Lyon, Valencia, Malta, Bucharest, Milan, Seville, Turku, Billund, Kristiansand, Harstad/Narvik and Bodø.
Margrethe Vestager to become new chairman of the board of DTU

The Danish EU Commissioner Margrethe Vestager, who is currently serving out her tenure as the EU Commissioner for Competition, will become chairman of the board of the Technical University of Denmark (DTU) at the end of 2024.
More and more schools in Copenhagen introduce driving bans in the morning

Several schools in Copenhagen have introduced a ban on cars passing by in the morning, typically to drop children off. The idea is to create safer school roads and make it easier to monitor the traffic.

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13 Sep: Social Beer Walk – A guided tour of Copenhagen harbour

Career

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, 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.
This rooftop ‘Scandarabian’ restaurant is helping international jobseekers to upskill for the Danish market

The social enterprise and rooftop restaurant Do More focuses especially on helping long-term unemployed citizens who struggle to enter the Danish labor market due to a lack of experience from their home country, language barriers, and other factors.

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