Business

California start-up Better Place and Danish utility Dong Energy have lined up financing to bring an electric car charging network to Denmark by 2011.
The two companies have secured 75 million Euro in venture capital financing which will go to constructing stations where drivers can recharge batteries for electric cars. […]

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After seeing what the United States and other countries have been going through Denmark will offer loans to banks and mortgage lenders worth around 17.8 billion dollars. It is the largest bailout ever given by lawmakers and is being used so the residents of Denmark will not see a protracted recession. 75 billion kroner will be allocated to the banks and the rest will go to the mortgage lenders. The interest rate according to the government will be based on the financial strength of each business. […]

Denmark need to join the euro zone to weather the financial crisis, Denmark’s Prime Minister Anders Fogh Rasmussen said recently. Polls show that 50 percent of Danes are now in favour of scrapping the Danish Krone (DKK).
“The euro ensures political and economical stability in Europe and the current financial turmoil makes it evident that Denmark has to join the Euro,” said Mr Rasmussen. […]