Latest Updates in Denmark: A compilation of Monday's headlines
In a recent development, the Danish government has announced plans to halt the recruitment of nurses from non-EU countries. This decision, according to Sophie Løhde, Minister for the Interior and Health, is due to a better position of the Danish healthcare system [1]. However, the exact rationale behind this move remains unclear, with further details to be provided in a separate article.
The new policy is part of a broader shift in Danish recruitment policy, reflecting changes in labor market and immigration regulations. It appears that the government is focusing on prioritizing recruitment from within the EU, aiming to address labor shortages by tapping into the EU labor market [2].
The move comes despite recent government decisions aimed at allowing increased recruitment from outside the EU. This shift could be influenced by factors such as salary thresholds, integration strategies, and a general trend in Europe towards tighter regulation of foreign labor recruitment [2].
Industriens Pension, a Danish pension provider, has been affected by another financial setback. The company saw 530 million kroner wiped off the value of its Novo shares in late July [3]. This loss follows a sharp drop in the share price of Novo Nordisk, a Danish pharmaceutical company, due to downgraded expectations [4].
Velliv, another pension provider, reported that its customers lost 1.1 billion kroner due to the Novo Nordisk share price drop [5]. The share price drop has significantly impacted Danish pension savings, affecting providers such as Industriens Pension and Velliv.
The heatwave currently sweeping across Denmark is expected to continue into the first week after school has started [6]. Meteorologist Erik Hansen of the Danish Meteorological Institute (DMI) predicts mixed weather conditions, with some places experiencing sunshine while others remain cloudy [7]. It is recommended to pack a variety of items in school bags to accommodate these mixed weather conditions.
The heatwave is not as expected during the last week of the school holidays, with temperatures expected to drop slightly [8]. Despite this, the heatwave is expected to occur from Wednesday to Friday, according to the DMI [9].
Morten Rask Nymark, head of equities at Industriens Pension, stated that Novo remains a solid investment despite the recent share price drop [3]. This sentiment echoes the resilience of the Danish pharmaceutical sector, even in the face of challenging market conditions.
[1] https://www.dr.dk/nyheder/indland/denmark-skal-stoppe-med-at-hente-sygeplejersker-udenfor-eu [2] https://www.politiken.dk/indland/article9065746.html [3] https://www.politiken.dk/forretning/article9065246.html [4] https://www.dr.dk/nyheder/forretning/article9064964.html [5] https://www.berlingske.dk/forretning/article9064964.html [6] https://www.dr.dk/nyheder/indland/article9065104.html [7] https://www.dr.dk/nyheder/indland/article9065104.html [8] https://www.dr.dk/nyheder/indland/article9065104.html [9] https://www.dr.dk/nyheder/indland/article9065104.html
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