Christine Lagarde, who will soon be president of the European Central Bank (ECB), lashed out at euro countries like the Netherlands and Germany for not spending their budget surplus to stimulate the European economy. "Why not use that budget surplus and invest in infrastructure? Why not invest in education and why not invest in innovation?" she said, according to NU.nl.
The Dutch government is nominating only one candidate for the position of director of the International Monetary Fund. And that candidate is former PvdA Finance Minister Jeroen Dijsselbloem, sources in The Hague confirmed to both NOS and the Volkskrant.
Earlier this week current Finance Minister Wopke Hoekstra said that the Netherlands has a few excellent candidates. On Friday he said that one candidate seems to be holding really good cards and that the government wants to improve their position even further. He did not mention any names.
The Netherlands' labor market is doing fantastically - unemployment continues to fall, just like unemployment benefits, and vacancies are on the rise. But the wages in the country are lagging behind the economic recovery and that must change, Christine Lagarde, director of the International Monetary Fund, said in Luxembourg on Thursday, Metro reports.
With reporting by Janene Pieters.
Dutch Queen Maxima joined German Chancellor Angela Merkel, IMF director Christine Lagarde, and "First Daughter" of the United States Ivanka Trump at the Women20 Summit in Berlin on Tuesday afternoon. The group was met with mixed reactions from the audience throughout the 90 minute panel discussion, particularly when many avoided being called a "feminist," something Merkel described as a label that creates a sense of exclusion to men in society.