Engelsk

Can monetary stimulus boost corporate investment? We answer this question by studying ECB's 2011-2012 Longer-Term Refinancing Operations (LTROs). While we find that the LTROs helped to decelerate the declined in Eurozone firms' investment our results also show that banks' use of LTRO funds is negatively associated with their clients' investment. Overall, the paper highlights the difficulty of boosting investment by injecting liquidity into the banking system.

In the 1st quarter of 2018 the sale of Nets to foreign investors accounted for kr. 19.9 billion of the total foreign equity investments in Denmark at kr. 20.3 billion. While the investments increased the inward investments, foreign investors' reduction of intercompany loans was a drag amounting to kr. 17.0 billion. Overall foreign direct investments, FDI, in Denmark amounted to kr. 3.3 billion.

Danmarks Nationalbank oversees payment and settlement systems in Denmark in order to promote a safe and efficient financial infrastructure. Danmarks Nationalbank has performed an assessment of whether the Danish retail payment systems observe international standards for payment systems. The assessment shows that the systems extensively observe the security and efficiency requirements. Nevertheless, Danmarks Nationalbank recommends improvements in a number of areas.

​In April 2018, the foreign-exchange reserve increased by kr. 0.6 billion to kr. 467.5 billion.