Skip to main content
Netherlands News in English

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Money and chart representing an investment
Money and chart representing an investment - Credit: chepko / DepositPhotos - License: DepositPhotos
Politics
Business
S&P Global
PVV
VVD
BBB
BBB; NSC
credit ranking
AAA status
lending money
national debt
Fitch
Saturday, 10 August 2024 - 19:50

Share this article:

Credit rating agency Fitch gives the Netherlands its highest rating

The main agreement of the PVV, VVD, BBB, and NSC does not endanger the Dutch AAA rating at the credit rating agency Fitch. This highest rating indicates that lending money to the Dutch state is particularly safe. This is important because a high score makes borrowing money at favorable interest rates easier for a country.

The rating agency says the Netherlands' finances still look good. Experts predict the national debt will increase somewhat in the coming years, but there is room for that.

Fitch states that several plans for the new Cabinet seem feasible. These include cuts in the area of ​​immigration and the plan to reduce the government's civil service. "But the proposal to reduce EU contributions will be difficult, as it cannot be decided unilaterally by the Dutch government."

In May, the rating agency S&P Global gave our country the maximum credit rating. On paper, it concerns a more generous budgetary policy, said the credit rating agency regarding the main lines agreement. However, given the low national debt, the budgetary space of the Netherlands would be sufficient.

Reporting by ANP

More like this

Image
Person campaigning in the streets of Rotterdam for the Volt Europa political party, during the Dutch municipal elections of 2022
Volt scores highest on press freedom, PVV ranks lowest
Image
PVV leader Geert Wilders during the first parliamentary debate in the Tweede Kamer on the election results. 13 December 2023.
Wilders wants Dutch citizenship revoked for dual nationals convicted of crimes
Image
Dick Schoof
Schoof Cabinet faces declining trust after six months
Image
Wopke Hoekstra on 14 February 2022
CDA rises in polls as coalition loses majority
Make NL Times your top Google source

Follow us:

Latest stories

  • Dutch companies imported €2 billion worth of dangerous designer drugs from India
  • Rate of birth complications higher in poorer neighborhoods
  • At least 8 Dutch men suspected of drugging, raping, filming their wives, girlfriends
  • Police to test paint in water canons against problem causing protesters
  • Cheaper summer public transport deal to launch earlier in June than planned

Top stories

  • Dutch companies imported €2 billion worth of dangerous designer drugs from India
  • Rate of birth complications higher in poorer neighborhoods
  • At least 8 Dutch men suspected of drugging, raping, filming their wives, girlfriends
  • Court rules Ye can remain in Netherlands for Arnhem performances this week
  • New A'dam coalition planning parking +tourist tax hike, free public transport for kids

© 2012-2026, NL Times, All rights reserved.

Footer menu

  • Change Privacy Settings
  • Privacy Policy
  • Contact
  • Partner Content