COPENHAGEN: Danish annual inflation was flat in March after growing modestly for 13 months in a row. With the country’s benchmark interest rate likely to remain negative for some time, Jacob Graven of Sydbank says the latest consumer price data highlights the risk of a “devastating deflationary spiral.” Nordea Bank chief economist Helge Pedersen argues that Denmark has fallen victim to European easing, with low rates causing a “circular effect” that’s pushing inflation down.
Danske’s EY Auditors Face Disciplinary Action for Failures
Denmark’s business watchdog said it has brought two auditors before a disciplinary board after concluding they violated regulations while reviewing...
