Denmark
New head of statistics at Danmarks Nationalbank
As of 1 August, Jens Dalsgaard, Deputy Head of Statistics, will take over the position as Head of Statistics at Danmarks Nationalbank.
Danish central bank posts net fall in profit
Danmarks Nationalbank, the central bank, posted a net profit of 2.844 bln dkr for the full-year ending Dec 31, 2004, down from 3.609 bln dkr a year earlier.
Election to Danmarks Nationalbank's Board
Denmark's Folketinget (Parliament) has elected Mr Svend Erik Hovmand to the Board of Directors of Danmarks Nationalbank until 31 March 2006.
Danmarks Nationalbank, Monetary Review 4th Q 2004
The Danmarks Nationalbank's Monetary Review for the fourth quarter 2004 includes the articles: Recent economic and monetary trends, Volatility in the overnight money-market rate, The EU Constitutional Treaty and EMU and Transparency in capital markets.
Denmark's Andersen to step down Oct 2005
The governor of Denmark's central bank, Bodil Nyboe Andersen, has informed the government that she wishes to retire in October, 2005, when she turns 65.
Election to the Danmarks Nationalbank Board
The Board of Directors of Danmarks Nationalbank has elected Mr Niels Due Jensen, Group Chairman, to the Board of Directors of Danmarks Nationalbank, replacing Mr Bent le Fevre, General Manager, for the remainder of the term ending on 31 March 2009.
Denmark's Andersen on financial markets
In a speech given on 1 December, Bodil Nyboe Andersen of the Danmarks Nationalbank said that Denmark is now harvesting the fruits of more than 20 years' stability-oriented economic policy during which major structural reforms have been implemented.
Denmark promotes Assistant Head of Division
Danmarks Nationalbank's Committee of Directors announced on 16 November that it has appointed Kristian Kjeldsen, Assistant Head of Division, to Head of Division.
Denmark's Thomsen at the 3rd ECB Conference
In a speech to the 3rd ECB Central Banking Conference given on 22 October Jens Thomsen of the Danmarks Nationalbank said theoretically, inflation targeting in ERM II presents an additional complication in that the impact of the national interest rate…
Danmarks Nationalbank appoints head of Secretariat
As of 1 November, Karsten Biltoft, Head of Division, is appointed Head of Danmarks Nationalbank's Secretariat which, among other things, is responsible for external and internal communication.
Danmarks Nationalbank, Monetary Review 3rd Q 2004
The Danmarks Nationalbank's Monetary Review for the third quarter 2004 includes the following articles: The Basel Committee's endorsement of new capital-adequacy rules, Counterfeit banknotes, The role of capital in banks and The economic situation in the…
Elections to Danmarks Nationalbank Board
The Danish Parliament has elected Ms Rikke Hvilshj, MP, and Ms Pia Christmas-Mller, MP, to the Board of Directors of Danmarks Nationalbank for a term ending on 31 March 2006.
Danmarks Nationalbank re-appointment
Following maternity leave, Pernille Blach Hansen, MP, has been re-elected to the Committee of Directors of Danmarks Nationalbank, and Pia Gjellerup, MP, who replaced Ms. Hansen on the Committee of Directors has withdrawn, Danmarks Nationalbank said in a…
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.