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Scandinavia Today / Denmark

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Persistent stagnation in the Danish economy pushes many into poverty

Monday, 24 September 2012
The Danish economic problems actually started far beyond 2008, when many countries boycotted Danish product because of the Danish Newspaper, Jyllands-Posten published the Muhammad cartoons.

The controversy began after 12 editorial cartoons, most of which depicted the Islamic prophet Muhammad, were published in the Danish newspaper, Jyllands-Posten on 30 September 2005. After Muslim groups in Denmark complained, the issue eventually led to worldwide protests.
Since then, the Danish economy had been sliding downward gradually and has now reached a point here more and more poor people have emerged in Denmark. The most poor live loser to Copenhagen according to an analysis by the AE (labor Business Council), which describes the development up till 2010.

"Denmark has becomes polarized economically and geographically. And it might go out of cohesion," says principal analyst Jonas Schyts Juul to the Danish daily, Berlingske.

Almost a quarter of a million Danes live below the OECD poverty line, representing an income for a single person households of Dkr8,788 per month.
By Scancomark.com Team




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