The mood among Dutch entrepreneurs was upbeat and positive at the start of the second season. Businesses in the Netherlands continue to recover from the financial crisis, including small- and medium sized enterprises.
The Dutch economy continued its steady growth for the 8th quarter in a row. In the first quarter of 2016 the economy grew 0.5 percent compared to the previous quarter and 1.4 percent compared to the first quarter of last year, according to Statistics Netherlands' preliminary calculations.
Business confidence in the Netherlands is at the same level now as at the beginning of the previous quarter, reports Statistics Netherlands. It is remaining positive for the sixth consecutive quarter. Confidence further increased in trade and construction.
Recovery of the Dutch economy is gaining strength and could lead to two percent growth in 2015, the ING bank economic bureau reports. This would be the highest level of growth since 2008, driven mainly by an increase in consumer and business spending, and a decline in the oil prices.
Financial directors are more optimistic about the Dutch economic recovery than a year earlier, according to the survey of Dutch CFOs conducted by Deloitte. Still, nearly a third feel unprepared for an economic crisis, and a third believe a new crisis is on the horizon.
The Dutch economy is continuing signs of recovery, posting growth of 0.5 percent in the last quarter of 2014, according to official bureau Statistics Netherlands (CBS). This is now the third consecutive quarter where growth has been measured, the CBS reported on Friday.