Denmark
National Bank of Denmark - Annual Report 2003
The National Bank of Denmark has published its Annual Report for the year ended 2003. Growth in the Danish economy was sluggish in 2003. The modest increase in GDP of 1.0 per cent in 2002 was followed by zero growth in 2003. However, after two years of…
Danish cb's Monetary Review, 2nd Q 2004
The Danmarks Nationalbank's Monetary Review for the second quarter 2004 describes and comments on recent trends in external finance and domestic credit. It also includes articles on areas of the Nationalbank's work. The Monetary Review also presents…
Denmark's Andersen: Common or separate currencies?
In a speech on 'A common currency or separate currencies?' given on 25 May, Bodil Nyboe Andersen of the National Bank of Denmark said monetary and foreign-exchange issues should therefore be approached with caution by the authorities. If a change is to…
Nyboe Andersen on Denmark's fixed-exchange-rate
In a speech to the Danish Bankers Association given on 3 December, Bodil Nyboe Andersen of the Danmarks NationalBank said that in the years since the early 1980s, Denmark has experienced a number of currency crises, but the fixed-exchange-rate policy has…
Denmark to start electronic trading in gov't bonds
Denmark will begin trading government bonds electronically from 4 November, AFX Europe reports, The Danish central bank said in a statement "Introducing electronic trading is a step forward in developing the Danish market and bringing its facilities in…
Danmarks Nationalbank - The Nationalbank building
The Danmarks Nationalbank building in the middle of Copenhagen is a distinctive presence in the street scene. It was designed by the internationally renowned Danish architect Arne Jacobsen and built between 1965-78. The building is considered one of Arne…
Danish central bank cuts rates to 2.15%
The Danish central bank has again mirrored the ECB's half point rate cut yesterday by also cutting rates half a percent to 2.15%, according to a Bloomberg report. This is its lowest level in almost two centuries.
ECB rates may be too low for Denmark
An OECD study warns that Denmark's policy of shadowing the ECB's interest rates could result in inappropriate rate levels thereby creating a risk the economy will overheat, according to Reuters.
National Bank of Denmark - Annual Report 2002
The National Bank of Denmark has published its Annual Report for the year ended 2002.
Danes lower rates
PRESS RELEASE - Interest rate reduction, 6 March. The Danish central bank lowered its key interest rate 0.25% in response to the ECB's cut.
Making too much of the 'right' time
LETTER - A reply to the article 'Sweden can thrive without the euro' asks the question, How can countries such as Sweden, Denmark and the UK have a constructive role in Europe unless they fully participate in a Europe-wide economic system.
Danmarks Nationalbank Monetary Review, 3rd Quarter
REPORT - Denmark's central bank has published its Monetary Review 3rd Quarter 2002. The report contains articles including, Recent Economic and Monetary Trends, Status of the Basle Committee's New Capital-Adequacy Rules for Bank, Structure of the Banks'…
Statement at the Joint Annual Discussion
SPEECH - Statement by Ms Bodil Nyboe Andersen, Alternate Governor of the Fund for Denmark, at the Joint Annual Discussion, 29 September.
Speech by Governor, Danmarks Nationalbank, 25 Sep
SPEECH - Speech by Governor Jens Thomsen, Danmarks Nationalbank. Une monnaie, l'euro, une banque centrale, 12 pays Montreal, le 25 septembre 2002.
Speech by Governor, Danmarks Nationalbank, 9 Sep
SPEECH - Speech by Governor Jens Thomsen of Danmarks Nationalbank 'Monetary Policy in the Shadow of a Monetary Union' at the Bank of Ghana on 9 September 2002.
Ministers see tough few months ahead for eurozone
DENMARK - European Union finance ministers ended talks in Copenhagen at the weekend contemplating a fraught few months for the eurozone economy.
Danmarks Nationalbank Press Release
PRESS RELEASE - "Kun rlige penge tak!" - new folder on discoloured banknotes, 12 August.
Danmarks Nationalbank - Financial Stability 2002
REPORT - Danmarks Nationalbank has published a new annual publication on financial stability in Denmark. Governor Bodil Nyboe Andersen said, "Our analyses show that overall Danish banking institutions are robust, but there has been a slight decrease in…
National Bank of Denmark - Annual Report 2001
ANNUAL REPORT - National Bank of Denmark has published its annual Report and Accounts for 2001.
Speech by Governor, Danmarks Nationalbank, 11 Apr
SPEECH - In the speech Andersen rejected the suggestion that the central bank is targeting some kind of "normal rate spread" over European Central Bank interest rates.
Danish business expects Euro entry within 3 years
DENMARK - Danish managers expect Denmark to be join the euro by 2005 according to a poll by Green Analyseintitute carried out for the Danish business daily, Borsen.
Single currency outsiders united in sport
LETTER - A letter published in Monday's Financial Times suggests that the forthcoming football world cup has important implications for membership of the euro.
Blair and Straw in euro entry talks
UK - Britain yesterday held talks about the euro with Denmark and Sweden, the two other EU countries that are outside the eurozone.
Speech by the Governor of Danmarks Nationalbank
SPEECH - Speech by Governor Bodil Nyboe Andersen of Denmark's central bank at the Annual Meeting of the Danish Bankers Association on 5 December.