Denmark: Ready for a new government – Nordea Markets
|Helge J. Pedersen, analyst at Nordea Markets, points out that after nearly three weeks of intensive negotiations in Denmark, the Social Democrats have now managed to land an agreement with the supporting parties the Social-Liberal Party, the Socialist People’s Party and the Red Green Alliance.
Key Quotes
“The new government will be a Social-Democratic minority government headed by Mette Frederiksen as prime minister. The new ministers are expected to be named tomorrow.”
“The last time the Social Democrats were in power was during the parliamentary term 2011-2015 when Helle Thorning-Schmidt headed two governments. The first one in alliance with the Social-Liberal Party and the Socialist People’s Party. The latter party chose to withdraw from the government in December 2014, though. During the remainder of the parliamentary term, Denmark therefore had a two-party coalition government consisting and the Social Democrats and the Social-Liberal Party.”
“The new government agreement has been called “a fair direction for Denmark” and it includes a number of pledges:
The new government wants to: Be a frontrunner in the fight against the climate crisis, strengthen welfare again, fight the rising inequality, focus on education, facilitate integration and take global responsibility.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.