
{"id":12301,"date":"2013-05-23T04:56:46","date_gmt":"2013-05-23T02:56:46","guid":{"rendered":"https:\/\/uniavisen.dk\/?p=12301\/"},"modified":"2017-01-21T00:16:17","modified_gmt":"2017-01-21T00:16:17","slug":"minister-economy-wont-fully-recover-for-six-years-at-least","status":"publish","type":"post","link":"https:\/\/uniavisen.dk\/en\/minister-economy-wont-fully-recover-for-six-years-at-least\/","title":{"rendered":"Minister: Economy won\u2019t fully recover for six years, at least"},"content":{"rendered":"<p>Danes are going to have to adjust to the fact that the Danish economy won\u2019t be normalised before 2019 at the earliest, more than ten years after the crisis started, reports Seven59.dk and Borsen.dk.<\/p>\n<p>That was the stark message from Finance Minister Bjarne Corydon to the Danish parliament\u2019s finance committee, Wednesday, in reply to questioning concerning the government\u2019s evaluation of the Danish economy after agreement on widespread reforms and the stimulus package.<\/p>\n<p>He predicted that the upswing will slowly get going by the end of this year and continue into 2014 but a full-scale recovery isn\u2019t on the cards for at least another five-six years.<\/p>\n<h2>Could up-adjust growth<\/h2>\n<p>&#8220;The government has chosen a moderate estimate so nobody can accuse us of being over-optimistic,&#8221; he said.<\/p>\n<p>&#8220;We believe that Denmark\u2019s GDP will grow by an average of at least two per cent annually between 2014 and 2020, creating 150,000 jobs in the private sector. Unfortunately we have no control over international business cycles but if we hadn\u2019t acted quickly with reforms and by sustaining the economy the upswing would have been delayed even more.&#8221;<\/p>\n<p>The government will publish its latest economic outlook this upcoming Monday, and according to Mr Corydon Denmark\u2019s growth could well be higher than the projected 0.7 per cent.<\/p>\n<p>Read original article in Danish <a href=\"http:\/\/borsen.dk\/nyheder\/oekonomi\/artikel\/1\/258298\/corydon_dansk_oekonomi_normaliseres_foerst_i_2019.html\" target=\"_blank\">here.<\/a><\/p>\n<p>universitypost@adm.ku.dk<\/p>\n<p><em>Stay in the know about news and events happening in Copenhagen by <a href=\"http:\/\/universitypost.dk\/newsletter\" target=\"_blank\">signing up for the University Post\u2019s weekly newsletter here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DANISH NEWS: Finance minister predicts that the Danish economy will likely not recover until 2019, more than ten years after the start of the economic crisis<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-12301","post","type-post","status-publish","format-standard","hentry","category-politics","expression-news_article"],"acf":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Minister: Economy won\u2019t fully recover for six years, at least<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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Danish parliament\u2019s finance committee, Wednesday, in reply to questioning concerning the government\u2019s evaluation of the Danish economy after agreement on widespread reforms and the stimulus package.<\/p>\n<p>He predicted that the upswing will slowly get going by the end of this year and continue into 2014 but a full-scale recovery isn\u2019t on the cards for at least another five-six years.<\/p>\n<h2>Could up-adjust growth<\/h2>\n<p>&#8220;The government has chosen a moderate estimate so nobody can accuse us of being over-optimistic,&#8221; he said.<\/p>\n<p>&#8220;We believe that Denmark\u2019s GDP will grow by an average of at least two per cent annually between 2014 and 2020, creating 150,000 jobs in the private sector. Unfortunately we have no control over international business cycles but if we hadn\u2019t acted quickly with reforms and by sustaining the economy the upswing would have been delayed even more.&#8221;<\/p>\n<p>The government will publish its latest economic outlook this upcoming Monday, and according to Mr Corydon Denmark\u2019s growth could well be higher than the projected 0.7 per cent.<\/p>\n<p>Read original article in Danish <a href=\"http:\/\/borsen.dk\/nyheder\/oekonomi\/artikel\/1\/258298\/corydon_dansk_oekonomi_normaliseres_foerst_i_2019.html\" target=\"_blank\">here.<\/a><\/p>\n<p>universitypost@adm.ku.dk<\/p>\n<p><em>Stay in the know about news and events happening in Copenhagen by <a href=\"http:\/\/universitypost.dk\/newsletter\" target=\"_blank\">signing up for the University Post\u2019s weekly newsletter here<\/a>.<\/em><\/p>\n"},{"acf_fc_layout":"ArticleEnd"},{"acf_fc_layout":"OtherStories","headline":"","hand_picked_posts":false,"references":false,"category":false,"theme":false,"number_of_posts":"4","style":"default"}]},"taxonomyData":{"category":[{"term_id":48,"name":"Politics","slug":"politics","term_group":0,"term_taxonomy_id":48,"taxonomy":"category","description":"","parent":0,"count":1036,"filter":"raw"}],"post_tag":[],"post_format":[],"expression":[{"term_id":15,"name":"News Article","slug":"news_article","term_group":0,"term_taxonomy_id":15,"taxonomy":"expression","description":"","parent":0,"count":11496,"filter":"raw"}],"translation_priority":[]},"featured_media_url":null,"_links":{"self":[{"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/posts\/12301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/comments?post=12301"}],"version-history":[{"count":1,"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/posts\/12301\/revisions"}],"predecessor-version":[{"id":34554,"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/posts\/12301\/revisions\/34554"}],"wp:attachment":[{"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/media?parent=12301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/categories?post=12301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniavisen.dk\/en\/wp-json\/wp\/v2\/tags?post=12301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}