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Business

GDP shows modest growth

admin
August 30th, 2013


This article is more than 11 years old.

A little uptick gives the finance minister something to smile about

Friday's announcement of a modest 0.5 percent second quarter rise in GDP was met with muted celebration by Bjarne Corydon (Socialdemokraterne), the finance minister.

While Corydon said the news gave him “a little smile” on his face, he cautioned that the financial crisis was far from being resolved.

"These numbers have to be taken with a grain of salt,” Corydon said in a press release. “They are better than we expected, partially because the teacher lockout cut public spending.”

In connection with the release of its budget last week, the government revised its forecasted growth rate for this year downward to 0.4 percent. In May it said growh this year would be 0.5 percent.

Exports up

Corydon also noted that exports rose by 1.8 percent in the second quarter.

“Growth in exports is good for the economy and for private sector employees,” wrote Corydon. “Although today’s numbers are encouraging, indicators coming up in the future could go either way.”

Corydon said the government would continue to invest in the economy until “growth gets really fat and more Danes have jobs”.


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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”