Economy warming up, according to minister

Economy and trade minister says Denmark now entering “economic spring”

Apr 22, 2014

The economy and trade minister Margrethe Vestager is making very optimistic statements about the economy.

“It is springtime in the Danish economy,” Vestager said on the TV2 news program ‘Hos Trads’ (Home with Trads). “It’s still a bit like April weather; Some days it's great and you put on your spring clothes, and other days you’re glad that you did not put your winter clothes away, because things change a little.”

Denmark has seen positive changes in most economic parameters. Growth is projected to surpass 1.5 percent, the unemployment rate is the lowest in five years, employment is rising in the private sector and home sales are up. According to Vestager, one place the economy could stand to improve was in private consumption.

READ MORE: Financial crisis not over according to most Danes

“Danes have held back a little in spending money until they were sure that the economy was under control,” she said. “Those assurances are in place, so Danes can boost the momentum and get things moving.”

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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.
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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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