Today the Ministry of Finance publishes the Economic Survey, December 2010, with the following assessment of the economic outlook until 2012.
Today the Ministry of Finance will present Budget Outlook 3, December 2010. The agreement on the central government budget for 2011 is presented along with new estimates for central government finances in 2010-2011 and for general government finances in 2010-2012.
The Social Pension Fund will at the upcoming auctions of refinancing adjustable rate mortgages (ARM’s) maintain the Fund's current holdings of mortgage bonds on about DKK 45 bn. This implies that the Fund reinvests about DKK 22 bn. in mortgage bonds.
Today, the Ministry of Finance publishes the Economic Survey, August 2010, with the following assessment of the economic outlook until 2011:
The central government budget proposal for 2011 is presented today. The proposal reflects the Fiscal Consolidation Agreement from May 2010. The agreement includes expenditure cuts, higher taxes and a labour market reform. The agreement consolidates general government finances by approx. DKK 24bn in 2011-2013.
Today, the Ministry of Finance publishes the Economic Survey, May 2010.
The final account for the central government in 2009 reflects a deficit on the CIL-account of DKK 29¾bn (1.8 per cent of GDP) in 2009, and in 2010 a deficit of DKK 99½bn (5.8 per cent of GDP) is expected. In 2009 and 2010 deficits on the net balance are estimated at DKK 110bn and DKK 102¾bn respectively.
Today Denmark has submitted its Convergence Programme 2009 to the EU. The Convergence Programme is prepared in accordance with the provisions of the EU’s Stability and Growth Pact.