Category: Netherlands

S&P strips the Netherlands its triple-A credit rating

On November 29th, Standard & Poor’s, the US-based credit rating agency, stripped the Netherlands its AAA rating. Of the 17-member eurozone, only Germany, Finland and Luxemburg hold the highest sovereign rating from S&P. S&P...

The Dutch economy falters

According to the CBP Netherlands Bureau for Economic Policy Analysis, the Dutch economy would contract 1.25 per cent in 2013, while the budget deficit would reach 3.2 per cent of national output. The CBP expects...

The Dutch government seeks extra budget cuts

The Dutch government has to implement the additional 4.3 billion euro package of austerity measures on top of the 16 billion euro package, which was announced in the autumn, to keep the 2014 budget...