NEWS 31.12.2011.

Denmark takes over EU presidency

When the bells are ringing in midnight during New Year's dinner, Denmark will take over the organization and management of the European Council during the next 6 months.

Denmark is one of the most competitive economies in the world

The main objectives of Denmark's presidency European Union (EU) will be that Europe is becoming a responsible, dynamic, green and safe, but since the economic crisis in the EU is far from resolution, it appears that the stimulation of economic growth to remain at the top of the list for government in Copenhagen.

Denmark will take over the presidency and work hard to be achieved concrete resolts four above-mentioned fields and contribute to leaving the EU from economic crisis and future growth, said in early December, the Danish Minister for European Affairs Nikolai Vamen.

As stated in the reports from Copenhagen, Denmark, which has not adopted the euro, will be overtaken presidency role in the EU on 1 January at a time when the fate of a common currency is hanging by a thread.

Prime Minister of Denmark Torning Hele-Smith promised during the presidency to fight for the unity of Europe, but it also has to resolve discord at home about whether to accept deeper and tighter fiscal ties to the EU.
Social Democratic politician Torning-Smith who was only three months at the top of government after 10-year old reign of right-wing conservatives, reluctant to call a referendum on the adoption of fiscal rules in the EU proposed this month by 17 countries in the Euro zone.

Proponents of the rules say that these rules are crucial for the survival of the euro, however, polls show that voters rejected them in the 10 countries that have not adopted the common currency.
Danish voters rejected the Maastricht Treaty in a referendum 1992 and then the state has not consented to the four elements of the pact: the euro, European citizenship, cooperation in the fields of security and justice.
Voters rejected the euro and the second referendum 2001

The latest polls show that 71 percent of Danish people want to keep their national currency.
"Debt crisis in Europe has impacted on Danish public opinion when it comes to the euro," said chief economist Danske Bank A / S Stin BOCIAN who recalled that in September this year, 60 percent of Danes oppose the adoption of the euro.
Danish Krone (DKK) is related to the common EU currency, the exchange rate difference of 7.43 euro for one that allows the Danish currency fluctuates within the margin of 2.25 percent, and that the Central Bank of Denmark to provide a gap between its interest rate and those in the euro area has never been too big.
Vamen Minister said that Denmark will try to participate in the Fiscal Pact, the EU, "to the fullest extent possible."
But Vamen added that the Danish will keep refusal of the pact, it must be "respected", and tying the Danish crown to the euro at a fixed rate, were taken into account.
Denmark has also promised to attend to DKK 40 billion (seven billion dollars) in EU countries plan for channeling the funds of the International Monetary Fund (IMF) in combating the crisis.

Denmark, with a mixed market economy and a large welfare state, is often ranked as the country of the happiest people and the least corruption in the world.
Denmark, a mixed economy classified above average living standards in Europe, and is characterized by a high degree of free trade.
Denmark, according to estimates for 2011, the fourth-largest nominal Gross Domestic Product (GDP) per capita, which amounts to 60,961 dollars.
According to the calculations of the United Nations, in Denmark had the lowest difference between the largest and lowest incomes in the world, the IMF has the highest guaranteed minimum wage.
According to the World Bank Group, Denmark has the most flexible labor markets in Europe, a policy that this contribution is known as "fleksikjuriti" (a combination of flexibility and security).
Owners of private enterprises is very easy to hire and dismiss employees, and those out of work receive from the government is very high fees.
Denmark with 5.5 million inhabitants, has a workforce of about 2.9 million people, including a large number of owners university and college diplomas, according to which the country is the fourth in the world.
According to data from October 2011, the unemployment rate in Denmark was 5.5 percent, significantly below the EU average which stood at 9.8 percent.

Denmark is also one of the most competitive economies in the world, according to a report by the World Economic Forum in 2008, IMD Geneva and London's economic weekly Economist.
According to the Organization for Economic Cooperation and Development (OECD), Denmark has the freest financial markets are among the oldest 15 EU member states (EU15), as well as one of the freest market for goods.