Denmark's GDP forecast just crashed 53% - here's what traders need to know
Key Points
- Denmark slashes its 2025 growth forecast from 3% to 1.4% due...
Denmark just served up a reality check that would make even the most optimistic economist reach for a strong coffee. The country slashed its 2025 growth forecast from a cheerful 3% down to a sobering 1.4% - that's a 53% haircut that makes your barber look generous.
When Your Biggest Company Becomes Your Biggest Problem
The culprit behind this economic plot twist? Novo Nordisk, Denmark's golden child and the country's largest company. When your national economy depends heavily on one pharmaceutical giant, and that giant starts stumbling, the whole country feels the tremors. It's like buil...
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