trending Market Intelligence /marketintelligence/en/news-insights/trending/PPOCj1_82ihu5SI83WKgIA2 content esgSubNav
In This List

Report: Denmark expected to avoid snap vote as coalition backs 2018 budget

Blog

Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A


Report: Denmark expected to avoid snap vote as coalition backs 2018 budget

The government of Danish Prime Minister Lokke Rasmussen is expected to avert the prospect of a snap election after securing the support of the Liberal Alliance, a coalition partner, for the country's 2018 budget, Reuters reported.

Liberal Alliance leader Anders Samuelsen said the budget will be passed by parliament Dec. 22. His party would back the budget and shelve until January the negotiations on tax and immigration reforms that it seeks.

The Liberal Alliance is part of the three-way minority government coalition led by Rasmussen's Liberals. Failure to get the party's support could force the prime minister to call a snap election or relinquish power to the opposition, Reuters noted.

The Danish People's Party endorsed the budget Dec. 8. Rasmussen's government needs the party's backing to govern.