Denmark's Economy Awarded AAA Grade

03 Aug 2012

Standard & Poor’s, Fitch Ratings, and Moody’s Investor Service have given AAA grade to Denmark’s economy. Stable Danish economy was undisturbed by fluctuations in financial market.  Denmark’s ability to stand up against ongoing economic depression got appreciation from financial institutions and credit rating agencies.

Major factors which helped Denmark to sustain this crisis are:

• Public finances were continuously monitored and the public debt was kept below 40%
• Low interest rates
• Unemployment is negligible
• Multinational companies in Denmark were unaffected by the depression

Denmark’s stable economy is the main attraction for various companies to set up their offices here. With the growing number of companies investing in Denmark, the job market is certainly going to surge ahead.