Denmark Says Bond Sales Won’t Grow to Finance Public Works

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August 22, 2013 by apicomely

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27. Both Vestager and Corydon have argued that Denmarks restrained economic policies have supported record low interest rates. The central banks efforts to defend the krones peg to the euro have left its deposit rate below zero since July last year. The monetary stimulus has so far failed to create jobs. Danish unemployment, including people in vocational training programs, was 5.8 percent in June, compared with as low as 2.5 in 2008.

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