Denmark's Economic Growth Slows
This is a Denmark news story, published by CNBC, that relates primarily to IMF news.
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pharmaceutical exportsCNBC
•Health
Health
Denmark's economy is booming on drug exports — Trump's tariffs threat won't slow it down
89% Informative
IMF expects Denmark 's economic growth to moderate to 2.9% this year and to 1.8% in 2026 .
IMF: Denmark 's growth was driven by an "exceptional surge" in pharmaceutical exports.
But the looming threat of U.S. tariffs on the pharma industry won't be much of a factor on that moderation, IMF says.
The European Federation of Pharmaceutical Industries and Associations (EFPIA) represents major European pharmaceutical companies.
The EFPIA said 100 billion euros ( $112 billion ) worth of capital expenditure and research and development investments were at risk as a result.
The U.S. now leads Europe on every investor metric from availability of capital, intellectual property, speed of approval to rewards for innovation.
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