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Danish economic growth shrinks in third quarter

Shifa Rahaman
December 22nd, 2015


This article is more than 9 years old.

Danmarks Statistik became the bearer of bad news today when it revealed revised figures for economic growth

It has been clear for a while now that the Danish economy didn’t do so well in the third quarter of this year.

However, Danmarks Statistik revealed today that negative growth was worse than anyone expected.

Revised reports
Danmarks Statistik revised its report for the quarter today – and the news is not good.

It turns out the economy experienced a negative growth of -0.4 percent, rather than the earlier estimate of -0.1 percent.

It was mainly foreign trade that contributed to this decline – exports fell at a rate of 1.9 percent. However, a growth in consumption of 0.6 percent helped balance the scales a bit.

Stalled upswing
Metroxpress reported that the chief analyst for Nykredit, Tore Stramer, believes this raises concerns about the economy’s upswing potential.

The status now is that the recovery has stalled over the spring and autumn after an otherwise strong start to the year. There is natural reason for some concern about the economy’s upswing fate,” he wrote in a commentary.

However, he does expect positive growth in 2016, based on factors such as lowered interest rates, increasing employment and low energy prices.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

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.”