‘Denmark has evolved into a modern, prosperous nation that is participating in the general political and economic integration of Europe. It joined NATO in 1949 and the EEC (now the EU) in 1973. However, the country has opted out of certain elements of the EU’s Maastricht Treaty, including the European Economic and Monetary Union, and justice and home affairs issues’.(CIA)
Natural resources
petroleum, natural gas, fish, arable land, salt, limestone, chalk, stone, gravel and sandmy
Economy
‘Denmark is a diversified EU trade-based economy; environmental regulatory innovator; dominant services sector; increased government spending but retaining budget surpluses; currently high inflation; unique “flexicurity” labour market’ (CIA)
Currency: Danish Krone (pegged to the euro at a rate of 7.46, and is required to stay within a 2.25% band of that level.). Ease of doing business index: 4th
“As a Dane watching Britain, it seems that if you transferred most of our government functions to London we would very soon be too poor for anything, because that’s, apparently, what being governed from London does to you”. – Dr Sune Auken, Author, Professor, Faculty of Humanities, University of Copenhagen