Denmark: Cutting Back with Krag

No ascetic is Denmark's Premier Jens Otto Krag, 48. A dashing Dane with a nose for opportunity and an eye for pretty women, he has been married twice: first to Swedish Actress Birgit Tengroth, currently to Danish Movie Star Helle Virkner, who has been named as one of Europe's ten most attractive women.

In Copenhagen last week, after only six months in office, Krag faced his supreme political test when he introduced into Parliament a complex series of measures that will 1) extend all union contracts for two years, thus limiting wage increases; 2) fix maximum prices of all consumer...

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