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Jul 28, 2015

Statoil Q2 profit beats forecast; keeps dividend

OSLO, July 28 (Reuters) – Norway’s Statoil
reassured investors on Tuesday by maintaining its dividend for
the second and third quarters after posting better-than-expect
results, despite taking a hit from the slump in oil prices.

The oil major recovered from a surprise net loss in the
first quarter thanks to a strong performance in its oil refining
segment and higher Norwegian oil production. It trimmed its
capital expenditure target this year but kept other forecasts.

Jul 1, 2015

As populists surge, Nordic consensus politics fray

COPENHAGEN/STOCKHOLM (Reuters) – A policy impasse in Sweden and a newly installed but fragile minority government in Denmark are the latest signs that the Nordic political consensus model is fraying at the hands of eurosceptic and anti-immigration parties.

Danish Liberals leader Lars Lokke Rasmussen was forced to form a minority government with just 34 seats of 179 in parliament after failing to strike a coalition deal with the eurosceptic Danish People’s Party (DF) over the weekend.

Jun 19, 2015

Danes ride euroskeptic wave as kingmaker party sticks to referendum line

COPENHAGEN (Reuters) – A wave of euroskepticism spreading across Europe reached Denmark on Friday, with the party cast as kingmaker after elections standing by demands for a referendum on EU membership as its price for joining a coalition government.

The Danish People’s Party (DF) surged to become the largest party in a center-right bloc in Thursday’s parliamentary ballot, when voters dumped a center-left coalition.

Jun 19, 2015

Danish centre-right opposition wins election, PM quits party

COPENHAGEN (Reuters) – Danish voters ousted Prime Minister Helle Thorning-Schmidt in an election on Thursday and handed power to an opposition centre-right alliance including huge gains for a eurosceptic, anti-immigrant party.

Opposition leader Lars Lokke Rasmussen said he would try to form a government but is likely to have to make big concessions to ensure support from the right-wing Danish Peoples’ Party (DF), which ended up with more votes than his Liberal Party.

Jun 19, 2015

Opposition heads for Denmark election victory in boost to far right

COPENHAGEN (Reuters) – An opposition centre-right alliance led by former prime minister Lars Lokke Rasmussen was poised to take power in Denmark after an election on Thursday that also gave a big boost to an anti-immigration, right-wing party.

With all of the votes counted on the mainland, state broadcaster DR projected 90 seats for the opposition coalition in parliament to 85 seats for the ruling centre-left bloc of Prime Minister Helle Thorning-Schmidt, who wrongly gambled that an economic upturn would win her re-election.

Jun 18, 2015

Danish opposition leads in exit polls, but too close to call

COPENHAGEN (Reuters) – An opposition centre-right alliance led by former prime minister Lars Lokke Rasmussen took a narrow lead in an election on Thursday, according to exit polls, but the outcome may yet hinge on voters in former colonies of Greenland and the Faroe Islands.

Prime Minister Helle Thorning-Schmidt gambled in calling an early election, hoping to capitalise on an economic upturn after unpopular reforms and charges of broken promises since she took power as Denmark’s first female premier in 2011.

Jun 18, 2015

Danes vote in close election as PM gambles on economic upturn

COPENHAGEN (Reuters) – Danes voted on Thursday in a cliff-hanger election, where an opposition center alliance is seeking to oust Prime Minister Helle Thorning-Schmidt, who is gambling that an economic revival will secure her a new term.

Denmark’s first female premier, Thorning-Schmidt heads a center alliance that has drawn level in the polls with the opposition in recent weeks. It had trailed because of unpopular reforms and charges of broken promises since taking power in 2011.

Jun 17, 2015

Danes head to the polls in tightest race for over a decade

COPENHAGEN (Reuters) – Danes vote on Thursday on whether to keep Prime Minister Helle Thorning-Schmidt in power after unpopular belt-tightening reforms that eventually bore economic recovery or to elect center-right rivals who promise tax breaks.

Denmark’s first female premier, Thorning-Schmidt hopes people will forget broken promises after the last election and instead bask in a growing economy. But her bloc of parties is neck and neck with the opposition led by Lars Lokke Rasmussen.

Jun 17, 2015

In Danish election, campaign turns personal in tight race

BORNHOLM, Denmark (Reuters) – Dressed in a denim shirt and black jeans, Danish Prime Minister Helle Thorning-Schmidt cracked jokes and took selfies with supporters on the island of Bornholm, just days before a June 18 election that could end her political career.

It was an unusual performance for the 48-year-old premier, famed for her expensive tastes which earned her the moniker ‘Gucci Helle’ and rather formal, rigid style of speaking.

Jun 14, 2015

As election nears, Danish parties vow tighter immigration rules

TONDER, Denmark (Reuters) – Recalling how a group of refugees once threatened his life if he did not retract a police statement, Frank Pedersen is angry about the increasing number of immigrants in Denmark.

They are, he says, running riot in Tonder, the small town on the border with Germany where he lives with his wife and small child and works at the local Jobcentre.