(AFX UK Focus) 2008-08-26 08:40 Denmark proposes expansionary 2009 budget (Interactive Investor)

26 August 2008, 12:44 am

COPENHAGEN, Aug 26 (Reuters) - Denmark's centre-right government proposed on Tuesday a mildly expansionary 2009 budget and trimmed its economic growth forecasts for 2008 and 2009. The government now expects gross domestic product to grow 1.1 percent this year compared with a May forecast of 1.2 percent. The 2009 growth forecast has been trimmed to 0.5 percent from 0.7 percent previously. The ...... read more

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