Danish Government Split on State Owned Energy Company

Denmark’s Socialist People’s Party said on Thursday it would continue to support the ruling coalition, even after it leaves it, meaning the government will not fall.

Party leader Annette Vilhelmsen confirmed TV reports that she was quitting the coalition following disagreement over a planned sale of a quarter of state-owned utility DONG Energy to a group of investors lead by Goldman Sachs.

But she told journalists she would continue to support Prime Minister Helle Thorning-Schmidt’s centre-left government from outside the coalition.

Vilhelmsen added she would step down as party chairman.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza