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8/20/12

Denmark growing stronger internationally

A tiny island of hope may be developing in the middle of the current sea of lousy economic news.

Denmark appears to be growing stronger when it comes to competing with other countries. For years, high wages and low productivity have caused the country to lag behind its foreign competitors, but it now seems to be making up some lost ground, according to the latest figures from the Business and Growth Ministry.

"I do not want to be overly optimistic, but there are cautiously positive signs that we may be able to celebrate," the business and growth minister, Ole Sohn (Socialistisk Folkeparti), told Politiken newspaper.

Read more: Denmark growing stronger internationally | The Copenhagen Post | The Danish News in English

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