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Business round-up: Danish economy peaking right now

Mariesa Brahms
September 1st, 2021


This article is more than 3 years old.

A new law is on its way through. And with it Folketinget’s vision for an even more prosperous Denmark

The Danish workforce needs extra hands (photo: cbs.dk)

There’s nothing rotten in Denmark. At least in terms of economics. The Danish economy has been in a growth phase in 2021. According to a governmental prognosis from August 30, the economy will have grown by 3.8 percent by the end of the year.

And this upswing is not expected to stop anytime soon. According to the government, the economy will grow by another 2.8 percent in 2022.

Simultaneously, it’s been a long time since the employment rate has been this high.

Rethinking priorities
Nicolai Wammen, the finance minister, sees the trend as a sign that Denmark did a good job working its way out of the crisis.

However, this does throw a lot of responsibility at the government.

That’s why a legislative proposal is on its way that aims to reduce the structural deficit to 0.2 percent of the gross national product.

Wammen claims that this new law will restructure priorities and establish a better-connected nation.

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Strong decrease in train-passengers in 2020
Train passengers made 201 million journeys in 2020 – a decrease of 30.7 percent on 2019, according to Danmarks Statistik. Due to the pandemic restrictions, people did not choose to travel by train as frequently. The overall count was the lowest since 2003.

Horesta plans on warmly welcoming afghan refugees
Horesta, the trade association for hotels and restaurants, anticipates strong interest in newly-arrived refugees, as there are not enough job-seekers to cover the vacancies in the sector. Horesta’s chief consultant Kristian Norgaard told TV2 that four out of ten companies are turning down jobs due to short staff. Norgaard sees this as an opportunity to both integrate refugees and improve the situation.

Opening of Nuuk Airport delayed by one year
The much-awaited opening of the international airport in the Greenlandic capital of Nuuk has been postponed by one year. The previous date on which the first planes were expected to take off from Nuuk’s airstrips was 2023. The pandemic prevented key international specialists on travelling to the island to work on the airport, as well as suppliers.

Butchers & Bicycles to collaborate with Bjarke Ingels
Vesterbro bike company Butchers & Bicycles has announced a collaboration with Danish architect Bjarke Ingels. The company explained on its Facebook page, the collaboration has been ongoing for some time.

Capital Region saved millions of kroner during nurses strike
The Capital Region saved millions of kroner in unpaid wages during the ten-week nurses strike that ended last week following a governmental intervention. According to Radio4, the amount added up to 59.3 million kroner. The strike began on June 19.


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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.”