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Public investment will rise by 15 percent this year and next, but it would be too risky to pump even more money into the economy, according to Finance Minster Claus Hjort Frederiksen.
“If we pump too much into the economy, the deficit in public finances would be too great. That would result in increased interest rates that would harm private consumption and the housing market,” Hjort Frederiksen says in a press release.
