News
Latest news from The Confereration of Danish Industry (DI).
7/20/2010 (News) Shortage of qualified workers detrimental to future growth Denmark will experience a shortage of 65,000 qualified professionals within the next ten years, according to a new study. This will have disastrous consequences for Denmark’s ability to generate growth and subsequently the welfare we are used to, DI warns.
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7/20/2010 (News) Universities should admit more students More than 25% of young applicants seeking admission to Danish universities will be turned down. The Science Minister wants universities to admit more students. DI welcomes the idea, considering that forecasts show a future shortage of highly qualified workers.
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7/20/2010 (News) Working hours on the increase The average number of monthly working hours is on the increase while the decline in employment is stagnating. This is the first time this has happened since the start of the downturn, and DI views it as a positive sign that could be the step before the companies begin to hire again.
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7/20/2010 (News) Tax reform - now please! The summer signal from Finance Minister Claus Hjort Frederiksen (Lib.) is that the public sector needs to be slimmer and taxes reduced – a summer signal that DI warmly welcomes. The problem is just that the minister’s planning horizon for the development is 20 years, while DI sees it as an urgent need.
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7/20/2010 (News) Structural reforms to ensure growth in the EU Following lengthy pressure on the euro, optimism is now spreading in the eurozone, and it is time to do something about the large public debt, according to DI.
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7/15/2010 (News) Public expenditure is out of hand Last year, public spending in Denmark grew by 3.4% and now constitutes as much as 30% of GDP - the highest level ever. This means that there is an increased need for the slowdown of the public economy that was agreed in the so-called Rehabilitation Package and implemented in economic deals with regional and local councils.
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7/15/2010 (News) Belgian EU presidency to focus on growth and reforms As of July 1 and the rest of the year, Belgium will hold the presidency of the EU. DI expects the presidency to continue the stabilisation of the European economy and launch concrete growth initiatives in accordance with the EU 2020 strategy.
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7/15/2010 (News) Green products are good commodities As many as 86% of Danish wholesale businesses expect the market for green plumbing products, construction materials and electrical products for Danish companies and private homes to be significant in the next 1-2 years. The Danish Commercial Industries Federation expects great opportunities for green products for the so-called niche markets.
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7/15/2010 (News) Russian tariff union creates uncertainty Along with the EU, DI is concerned following last week’s signing of a tariff union between Russia, Belarus and Kazakhstan.
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7/14/2010 (News) New key indicator shows progress in industrial production During the recession, Danish industrial production decreased by more than 20% in less than a year. And while other countries have regained much of their lost production since the spring of 2009, Danish industrial production has only shown weak growth. New statistics for industrial production in May, however, indicate that Denmark is also facing somewhat stable advances.
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