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Denmark’s Conservative-Liberal coalition imposes major spending cuts

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 03:53 AM
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Denmark’s Conservative-Liberal coalition imposes major spending cuts
Last month, on June 8, an estimated 40,000 protesters gathered outside the Danish parliament to oppose a programme of austerity measures by the Conservative-Liberal coalition government....

The government intends to slash state spending by 24 billion kroner (€3.21 billion) over the coming three years, in order to meet European Union targets for Denmark’s budget deficit. A recent prediction from the EU commission anticipates that the deficit will reach 5.4 percent of GDP by the end of the year... Last month, the commission suggested that Denmark be placed on a watch list of countries that must take action to curb their deficits if they are not to risk destabilising Europe’s economy.

The cuts outlined by Prime Minister Lars Loekke Rasmussen’s government will see serious reductions to welfare and social spending. Unemployment benefit will be reduced, with claimants only able to collect the benefit for a maximum of two years instead of the previous four years. The children’s allowance paid to parents will be reduced by 5 percent across the board, while funding will also be removed for couples seeking IVF treatment in order to have children.

The coalition relied on the support of the extreme right Danish People’s Party (DF) to pass the budget. It was DF that pushed strongly to cut the entitlement period for unemployment benefits by half... Such austerity measures notwithstanding, a government advisory body noted in a report that the programme of cuts was insufficient. The Economic Council urged the coalition to announce further reductions in public spending, advocating zero percent growth in government spending through 2020. It also called for a review of early retirement entitlements, aimed at preventing anyone from retiring prior to the age of 62...

http://www.wsws.org/articles/2010/jul2010/denm-j10.shtml
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 07:24 AM
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1. recommend
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 08:30 AM
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2. By the time the global capitalists are finished
poverty, disease and crime will be on the rise everywhere.
Evil rules.
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 08:49 AM
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3. I live there now.... the Social Democrats are close to taking over
There are so many parties you would love it in the Folketinget..... Folk mean people, ting means thing .... et.... means the..... so in other words..their parliament means The people's thing

But anyway next week they are close to winning a no confidence vote and holding new elections with other coalitions, before normal elections.... what an idea?

Danes are pissed ..... The Conservative.. Liberal coalition are parties that have no meaning in english

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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 09:24 AM
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4. There is a world wide offensive against the working class

paybacks are a bitch
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