Denmark, the EU's cleanest country on paper, got confirmation Wednesday (19 September) that its top bank perpetrated Europe's biggest-ever money-laundering scandal.
Danske Bank, which holds a third of Danish people's savings, saw its share value plunge.
The affair could see the country's sovereign debt rating downgraded due to loss of faith in its financial system, raising national borrowing costs.
The Danish government, which ignored warnings, tried to contain political f...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.