It is commonly known that Denmark is a wealthy country and its citizens have a high level of life. Also, during the important crisis periods in the history of finances, Denmark has seriously taken care of ensuring the population regarding their economical policies. Because of this global crisis that affected all the powerful states, Denmark has also found itself in the situation of taking some extreme measures of protecting the economy.

Therefore, after a general reunion of the internal specialists and those of the European Union, the Danish government has decided on how exactly to maintain this high level of the citizens’ welfare. In order to accomplish this, the Danish Prime Minister has declared that their plan of saving the country from an economic collapse is to rearrange the taxes system and take action regarding population’s personal loans. After a pattern developed by France which showed out to be extremely successful, Denmark found as vital solution the one of investing money and energy in the financial institutions of the state. To be more precise, they have declared to support the banks which give credits to the population.

Funds come from the European Union and their destination is to ensure the intern financial system that the consequences of the global economical crisis will not be devastating in Denmark. Therefore, in order to have a solid economy that will not only keep the country away from financial disaster, but will also maintain the state’s well-known economic power.

The state of Denmark together with the EU specialists has decided to support banks by giving them money in order for the population not to lose trust and keep their funds inside the country. As they presented, this measure is the best solution a government could possibly make, also taking into account the fact that other states in this situation have found this one as being imperious necessary. Another serious aspect regarding this issue is the principle of action and reaction which applies in the financial field as well as in many other areas.

Once a powerful state is affected by the global crisis in economy, it is a matter of time until a large number of countries will also be affected by this virus. If Denmark, a strong link in the chain of perfectly balanced economies, can’t deal with their internal problems, only worse things can occur to states with less financial power. The snowball effect is caused by globalization and the fact that no country can survive without import and export. This is why the European Union as an economic liaison between states, an institution that can also be call “the fundamental financial engine”, has to take measures, and most important, states have to ask for their help in case of emergency.

The case of Denmark represents a viable example of a superpower that takes care of its citizens by choosing the best way in which they can feel safe and get through this major global financial crisis that affected the states. This is an example that should also be followed by other states which find themselves in the same situation.