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Denmark Real Estate

We offer Denmark real estate investment information for Copenhagen, Helsinger, Roskilde, Fredericia, Abernra, Esbjerg, Kolding, Horsens, Artus, Alborg and Skagen. Scroll down for more information about Denmark.

Type/Area
Real Estate In Denmark

Home
Copenhagen
Europe

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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.

Denmark Map

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