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flag Denmark cuts 2025 growth forecast to 1.4% due to Novo Nordisk's struggles and US tariffs.

flag Denmark has lowered its 2025 economic growth forecast to 1.4%, down from 3%, due to weaker performance by pharmaceutical company Novo Nordisk and tariffs on goods exported to the US. flag Novo Nordisk, a major employer, has reduced its sales and hiring projections. flag Despite these challenges, the country's economy ministry raised its 2026 growth forecast to 2.1%, citing potential increases in private and public spending.

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