Denmark
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About
Denmark
Denmark
Population: 5,413,392 (July 2004 est.)
Languages: Danish, Faroese, Greenlandic (an Inuit dialect),
German (small minority) note: English is the predominant second
language.
Capital: Copenhagen
Government Type: Constitutional monarchy
Independence Day: First organized as a unified state in 10th
century; in 1849 became a constitutional monarchy.
Legal System: Civil law system; judicial review of legislative
acts; accepts compulsory ICJ jurisdiction, with reservations.
Currency: Danish krone (DKK)
Executive
Branch:
Chief
of State: Queen MARGRETHE II (since 14 January 1972); Heir Apparent
Crown Prince FREDERIK, elder son of the monarch (born 26 May
1968).
Head of Government: Prime Minister Anders Fogh RASMUSSEN (since
27 November 2001).
American
Embassy: Dag Hammarskjolds Alle 24, 2100 Copenhagen
Mailing Address: PSC 73, APO AE 09716
Telephone: [45] 35 55 31 44 FAX: [45] 35 43 02 23
General Overview: Once the seat of Viking raiders and later
a major north European power, 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 European Union's Maastricht Treaty,
including the European Economic and Monetary Union (EMU), European
defense cooperation, and issues concerning certain justice and
home affairs.
Economic
Overview: This thoroughly modern market economy features high-tech
agriculture, up-to-date small-scale and corporate industry,
extensive government welfare measures, comfortable living standards,
a stable currency, and high dependence on foreign trade. Denmark
is a net exporter of food and energy and enjoys a comfortable
balance of payments surplus. Government objectives include streamlining
the bureaucracy and further privatization of state assets. The
government has been successful in meeting, and even exceeding,
the economic convergence criteria for participating in the third
phase (a common European currency) of the European Economic
and Monetary Union (EMU), but Denmark has decided not to join
12 other EU members in the euro; even so, the Danish Krone remains
pegged to the euro. Given the sluggish state of the European
economy, growth in 2003 was a mere 0.3%.
International
Disputes: Rockall continental shelf dispute involving Denmark,
Iceland, and the UK (Ireland and the UK have signed a boundary
agreement in the Rockall area) remains dormant; dispute with
Iceland over the Faroe Islands' fisheries median line boundary
within 200 nm; disputes with Iceland, the UK, and Ireland over
the Faroe Islands continental shelf boundary outside 200 nm;
Faroese continue to study proposals for full independence; uncontested
dispute with Canada over Hans Island sovereignty in the Kennedy
Channel between Ellesmere Island and Greenland.
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