The Danish economy is still affected by the international economic recession in the wake of the financial crisis last fall.
The Ministry of Finance has published the December 2009 edition of its Economic Survey.
The purpose of the National Reform Programme and the annual progress reports is to unfold the reform measures that Denmark is implementing in order to fulfil the overall targets of the Lisbon Strategy for Employment and Growth.
In light of the international financial crisis Danish economy has through the last year shifted from a situation characterised by historically low unemployment rates and labour market pressure to decreasing demand and increasing unemployment – although the unemployment is still relatively low, cf. Economic Survey, August 2009.
The Danish economy is affected by the international financial crisis and the following weak cyclical conditions, cf. Economic Survey, May 2009. The unemployment is rising and the general government finances are weakened.
Denmark's Convergence Programme 2008 (KP08) was sent to the EU on 8. December. Denmark's Convergence Programme has been prepared in accordance with the rules in the EU's Stability and Growth Pact. Convergence Programme 2008 is an update of the 2015-plan from august 2007 and is based (among other things) on the economic outlook in Economic Survey, December 2008. Convergence Programme 2008 outli
The financial turmoil and weak international growth outlook has a marked impact on the Danish economy, yet capacity utilization is still high.
The outlook for Danish economy is marked by the financial turmoil and bleak prospects for the global economy.
The Reform Programme 2008 is Denmark's second national reform programme which replaces the national reform programme from 2005. Denmark's National Reform Programme 2008 is not a fundamental recast of the Danish reform strategy but an extension of the reform programme 2005 and the intervening progress reports from 2006 and 2007. Ensuring financial stability and minimising the possible negative
The Danish economy is currently experiencing high inflation and labour market pressures with wage inflation having reached approx. 5 per cent. Employment is at a record-high level and the rate of unemployment is historically low.
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