Economic and Financial Affairs


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Denmark

This country page is a centralised resource for the analytical work on the economy of Denmark performed by DG ECFIN. It provides links to the most important pages and documents, such as the European Commission's regular economic forecasts and the country’s compliance with the Stability and Growth Pact.

  • Economic forecasts for Denmark

    The Commission publishes macroeconomic forecasts for the EU and the Member States twice a year, in the spring (May) and in the autumn (November). These forecasts are produced by the Directorate-General for Economic and Financial Affairs (DG ECFIN) and include a chapter on Denmark.

  • Monitoring the budgetary situation in Denmark

    Assessments of Denmark’s convergence programme

    As required by the Stability and Growth Pact, at the end of each year Denmark submits an update of the medium-term fiscal strategy it first presented in 1998. Euro area Member States submit stability programmes while countries outside the euro area submit convergence programmes. Based on an assessment by the Commission prepared by DG ECFIN, the Council adopts an opinion on each programme. All programmes of Denmark, the related Commission assessments and Council opinions, as well as the working documents containing expanded assessments prepared by DG ECFIN, can be accessed here.

    Public finance report

    The Commission’s annual public finance report prepared by DG ECFIN – entitled "Public Finances in EMU" – includes a chapter on Denmark.


  • Denmark and the euro

    Denmark has not adopted the euro as its currency and is a member of the Exchange Rate Mechanism II (ERM II). It has a special status allowing it to decide when (and if) it will join the euro area. For this reason, the Commission does not cover Denmark in its convergence reports.

  • Denmark and economic policy coordination in the EU

    As part of the Lisbon Strategy for growth and jobs, Denmark presented its 3-year national reform programme (NRP) in 2005 and reports each autumn on its implementation. The Commission analyses all Member States’ reports in its Annual Progress Report (APR) and proposes, as appropriate, country-specific recommendations. All available reports can be accessed here (NB this Europa subsite is not maintained under the responsibility of the Directorate-General for Economic and Financial Affairs).

  • Selected topics

    The Country Focus series produced by DG ECFIN provides a concise analysis, set within the broader economic and policy debate, of a topical economic issue concerning one or more Member State(s). Country Focus issues on Denmark are listed below, the most recent first.

    Immigrants in Denmark - improving integration to sustain the welfare state (December 2005)

    How bright are the Nordic lights? (July 2005)

    The Country studies series produced by DG ECFIN presents an in-depth analysis of an individual country’s economy. The study on Denmark is entitled "Denmark – Making work pay, getting more people into work".

    On 7 May 2008, the Commission adopted a Communication on "EMU@10: successes and challenges after 10 years of Economic and Monetary Union" (it was on 1 May 1998 that European Union leaders decided to launch the euro on 1 January 1999). The Communication, which takes stock of what has been achieved over the past ten years and makes proposals on the way forward, builds on an in-depth study by DG ECFIN. Both documents can be found on DG ECFIN’s EMU@10 website