The Dutch have less money in their saving accounts for the first time in 20 years, Nos television reports Wednesday.
Compared to late 2012, when the Dutch economy was still in a deep recession, the economy had entered a recovery stage by the end of 2013, according to the Business Cycle Tracer (BCT), published by Statistics Netherlands.
Fitch reaffirmed its triple-A credit rating for the Netherlands on Friday, a decision based on the country's "strong underlying economic, institutional and credit fundamentals," the organization said. However, weak GDP growth predictions contributed to a negative outlook.
The top official in the Ministry of Economic Affairs calls for new economic reforms to allow self-employed people, including freelancers, to get pension and disability protection.
The Dutch housing market continues to improve and the fourth quarter of 2013 was the best quarter for the housing market since the beginning of economic crisis in 2008.
Fans of the Dutch store Hema living in Spain and the United Kingdom will be excited to hear that the department store/supermarket is expanding into those countries. The announcement was made by CEO Ronald van Zetten on the t.v. show Nieuwsuur.
Revised figures show the Dutch economy grew by 0.2 percent in the third quarter of 2013, a marked improvement on the 0.4 percent reduction a year earlier, according to the CBS. The growth estimate is measured against the second quarter of the year.
Resale prices for existing homes in the Netherlands dropped 4.7% in November, compared to a year earlier. New data released by the national statistics office, CBS, show existing home sale prices down 20.5% versus the peak prices seen in August 2008.
The Dutch economic recovery is expected to continue in 2014 with 0.5 percent growth, according to numbers released by the Netherlands Bureau for Economic Policy Analysis. The governmental office, also called the CPB, said they do not expect the labor market to recover next year.
Dutch banks have improved their credit risk position and have a low credit risk, the European Banking Authority (EBA) said on Tuesday.
The Ministry of Finance this spring ordered SNS Reaal to get back €250,000 from former CEO and Chairman Ronald Latenstein, the Financieele Dagblad reports Monday.
The average daily output by Dutch manufacturing industry increased by 2.1% in October, compared with same period in 2012, CBC said Tuesday.
De Nederlandsche Bank (DNB) said the Dutch economy will improve slowly over the next two years.
Nearly half of people over 55 who lose their job are not able to find a new one before their benefit runs out, according to employment agency UWV.
The Netherlands’ annual inflation rate fell marginally to 1.5% in November, compared to 1.6% in October.
The United Arab Emirates (UAE) is interested in investing in the Netherlands.
Following downgrade of the Netherlands’ credit rating to AA +, Standard & Poor’s (S&P) has lowered the credit ratings of Dutch financial firm ING Groep NV and its banking unit.
The last four quarters of the recession cost the Dutch an average of 1300 euros per head. The entire Dutch economy suffered a loss of 10 billion euros, compared to a period of zero growth
Netherlands has disappeared from the top 5 most competitive economies. In the list of 148 countries in the World Economic Forum, our country has fallen from 5 to 8. The government policy is not successful, is the conclusion of the compilers.
Nokia has announced the launch of the Lumia 625 in the Netherlands next month.
ING announced a large drop in profits, while their analysts claim the Dutch economy will contract by 1.4% in 2013.
According to CBS - Statistics Netherlands, unemployment rate of highly-educated young men aged 25 to 35-year-old has risen notably after 2009.
The Dutch agricultural industry and the Western Cape provincial government collaborating to develop the local agro-processing sector and boost Western Cape’s market share in Europe, according to business site BDlive.
The Azerbaijan Export & Investment Promotion (AZPROMO) announced that the city of Baku will host the Azerbaijan-Belgium-Netherlands business forum on June 13.