Minister Wopke Hoekstra of Finance will skip te autumn meeting of the International Monetary Fund in Bali this year, so that he can be available for consultations on the possible abolition of dividend tax, his spokesperson said, ANP reports.
The Netherlands is one of the countries that will be most negatively affected in the event of a so-called 'hard' Brexit - if the United Kingdom leaves the European Union without trade agreements. Only Ireland will be hit harder, the International Monetary Fund calculates, NU.nl reports.
According to the IMF, a hard Brexit can cost the Netherlands 0.7 percent of its national income. Ireland will see a decrease of 4 percent.
The outlook for the Netherlands economy is still positive, the International Monetary Fund said in its annual report on the Netherlands. The IMF again raised concerns about the growth of wages in the country being smaller than other countries with comparable economies. Annual wage growth in the Netherlands is around 1 percent, too little to compensate for inflation, the IMF said, NOS and ANP report.
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.
Eurogroup chairman and departing Finance Minister Jeroen Dijsselbloem was one target of eight letter bombs intercepted and defused in Athens on Monday, his spokesperson confirmed to ANP on Tuesday. He made no further comment.
The lower house of Dutch parliament mostly approves of the agreements the Euro-countries reached on debt relief for Greece, NU.nl reports after talking to the parliamentary parties.
The International Monetary Fund expects that the Dutch economy will show the same growth in 2016 and 2017 that it did last year, according to a report released on Thursday
Eurogroup chairman and Dutch Finance Minister Jeroen Dijsselbloem crossed swords with Stephen Schwarzman, CEO of the American private equity firm Blackstone, about bank regulations in a live discussion organized by Bloomberg at the World Economic Forum in Davos, Switzerland on Thursday.
The International Monetary Fund believes that the Dutch tax system encourages the accumulation of debt and has advised the Dutch authorities to address the situation. According to the IMF, both Dutch businesses and individual consumers are guilty of borrowing too much.
A majority in the Tweede Kamer, lower house of parliament, wants the Dutch government to give a response to the International Monetary Fund's memo that states that Greece will need much more help than assumed. They want this response before the parliamentary debate on Greece with Prime Minister Mark Rutte and Minister Jeroen Dijsselbloem of Finance on Friday afternoon.
Jeroen Dijsselbloem, Dutch Finance Minister and Eurogroup chairman, calls the new austerity proposals the Greek government handed in on Thursday "a comprehensive piece of text" that has to be closely examined to determine its quality
Hundreds of protesters gathered on Dam Square in Amsterdam on Sunday to express their solidarity with Greece. The European Union will hold an emergency summit on the so-called Grexit on Monday. Greece submitted a final proposal, which Jean-Claude Juncker, chairman of the European Commission, called a "good basis" for the summit, NRC reports.
Companies can help stimulate the economy by increasing worker wages well above the current low rate of inflation, said Klaas Knot, President of the Dutch Central Bank. An improvement in purchasing power is the best way for the Dutch economy to move forward, he said at the International Monetary Fund meeting on Friday.
Rich people in the Netherlands have not become richer in the past years. This is according to a (highly contested) study done by Leiden Professor Koen Caminada, the Volkskrant reports.
The possibility of Greece's exit from the eurozone is not an issue, said the Dutch Minister of Finance, Jeroen Dijsselbloem, before the start of the weekly cabinet meeting.
Minister of Finance Jeroen Dijsselbloem considers it too early and "too somber" to already say that a new economic crisis is on the way.