FDI inflows reached a post-2010 record of almost € billion in 2016 (1.6% of GDP), and were mainly targeted at services sectors (i.e. hotels and restaurants, transportation, financial intermediation and real estate activities). In the first nine months of 2017 the cumulative inflow already reached € billion, and as was the case in 2016, continued to target the services sectors.
In addition, the Danish parliament has adopted adjustments to a number of laws regarding the tax treatment of negative interest. Slide 29: Thank you! So let me conclude. Since the outbreak of the financial crisis a number of large central banks have resorted to unconventional monetary policies. This has substantially impacted the economic and financial conditions of Denmark and other small open economies.