Departing Finance Minister Jeroen Dijsselbloem is giving up his parliamentary seat and leaving politics, he announced in a letter to Tweede Kamer president Khadija Arib on Tuesday evening. According to Dijsselbloem, he lacks the "firepower" the PvdA needs to function well as opposition party with only 9 seats, NU.nl reports.
Twelve year old Haci Nuh stole the show in his role as Mini-Minister of Finance when Finance Minister Jeroen Dijsselbloem delivered the suitcase with next year's budget to the Tweede Kamer on Tuesday. Shrouded in a suit and black sneakers, Haci from Rotterdam shadowed Dijsselbloem throughout the entire Budget Day. He was in the Ridderzaal for the King's speech, went on interviews with the Minister and to the Tweede Kamer to discuss te budget, the Telegraaf reports.
As the time for the Rutte II cabinet to hand over to a new government approaches, the confidence the Dutch public has in the departing government increases. The VVD and PvdA government hasn't enjoyed as much confidence from the voters since its inauguration in 2012, according to EenVandaag's Budget Day poll. The same goes for Prime Minister Mark Rutte.
Prime Minister Mark Rutte is excited to attend the G20 summit in Hamburg, Germany on Saturday. He thinks it's good that the Netherlands is participating in this year's summit. "Especially given the international developments, it is important that the Netherlands is there again as a major economy", he said to the press, according to NOS.
The Dutch government expects to make nearly 8 billion euros more on taxes and premiums than estimated on Budget Day last year, according to the Spring Memo sent to parliament by Finance Minister Jeroen Dijsselbloem on Thursday. The extra money mainly comes from VAT (€2.4 billion), corporate tax (€2.3 billion) and wage and income tax (€1.2 billion), NU.nl reports.
The Spring Memo shows the changes the government made since the budget was presented on Budget Day in September last year.
A massive financial setback means that the Nethrelands is now facing a 1 billion euros budget deficit, instead of the previously declared 3.5 billion euros surplus, sources in The Hague told NOS.
According to NOS, healthcare and education did less well financiallly than expected. There were also financial setbacks in other areas.
The spring budget report will be discussed in the Council of Ministers today. More details are expected to be announced after the debate.
The Dutch government debt was 32 billion euros lower than expected at the end of 2016, according to the Annual Financial Report Finance Minister Jeroen Dijsselbloem presented to the senate and lower house of parliament on Wednesday, ANP reports.
Many banks and financial institutions moving to Europe after the Brexit, are shunning Amsterdam due to the Netherlands' cap on bonuses. While the rest of the European Union capped bonuses at 100 percent of the fixed salary, the Netherlands' cap is 20 percent of the fixed salary. The banks fear losing talent to the competition, being forced to pay irresponsibly high salaries to keep employees and do not feel welcome in the Netherlands, Financieele Dagblad reports after talking to a number of companies assisting banks in their move to the EU mainland.
After a nearly two week long break, negotiators of the VVD, D66, CDA and GroenLinks are getting together today to resume talks on forming the next Dutch government together. Edith Schippers will lead the negotiations as usual, Het Parool reports.
The departing VVD and PvdA government reached an agreement to push an extra 200 million euros into nursing home care. This is on top of 100 million euros already pledged to solving the most pressing problems in nursing homes, NOS reports.
Departing Dutch Finance Minister and Eurogroup president Jeroen Dijsselbloem is feeling shunned over a statement he made in an interview over not spending all your money on "Schnapps and women" and then asking for help. "Everyone is walking circles around me", he said in an interview with the Volkskrant. "The issue escalated enormously, it's now like I committed a war crime." Nevertheless, he still stands behind the statement, he said to the newspaper.
Departing Dutch Finance Minister Jeroen Dijsselbloem will remain chairman of the Eurogroup for the time being, he said after a meeting of the EU Finance Ministers in Malta on Friday. None of his colleagues asked for his resignation, Dijsselbloem said, NOS reports.
The European Parliament again called for Jeroen Dijsselbloem to resign as president of the Eurogroup on Monday after he refused to appear in Parliament to discuss the Eurogroup's role in solving the Greek crisis. Even his own PvdA faction in European Parliament (EP) is showing little support for him, RTL Nieuws reports.
Departing Finance Minister Jeroen Dijsselbloem was laconic about the latest call from Europe for him to resign as Eurogroup president. "It was only a minority of a minority", Dijsselbloem said on Thursday, refering to a letter from over 70 of the 751 European Parliamentarians calling on him to apologize and resign, ANP reports.
Over 70 of the 751 European Parliamentarians sent a letter to Eurogroup chairman Jeroen Dijsselbloem demanding that he apologize for his "Schnapps und Frauen" statement and resign. The letter is singed by MEPs from 15 countries, including the German leader of the Christian Democrats, ANP reports.
After years of a budget deficit, the Dutch government managed to achieve a budget surplus in 2016. And that surplus is even 14 times larger than previously expected - a massive 2.9 billion euros, according to Statistics Netherlands on Friday. The Dutch economy also gew more than expected in previous estimations, RTL Nieuws reports.
Jeroen Dijsselbloem, Eurogroup chairman and departing Finance Minister, is facing fire over statements made about southern European countries in an interview with the Frankfurter Allegemeine on Monday.
In the interview he said that he finds the Stability Pact, which contains the EU budget rules, very important. He praised the "northern countries" for showing "solidarity" with "crisis countries", but that comes with "responsibilities", he said. "I can't spend all my money on alcohol and women and then ask you for help", he said.
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.
"You can't say that integration failed", Jeroen Dijsselbloem, current Finance Minister and number three on the PvdA candidate list, said on radio program Dit is de Dag on Thursday.
According to Dijsselbloem, "a lot of things went well" when it comes to integration. "Go look in the lecture halls in big cities. They are now filled with children from an immigration background", he said.
He agrees that the naturalization process could go smoother. He thinks it should be more mandatory and that all the responsibility can not be left to the immigrants.
Thanks to higher than expected revenue and lower than expected spending, the Dutch government is left with a 200 million euros surplus on the 2016 budget, Minister Jeroen Dijsselbloem of Finance said in a letter to parliament on Thursday, ANP reports.
The surplus can almost entirely be attributed to the total tax and premium revenue of last year, which came out 3.1 billion euros higher than projected. Expenses were 0.2 billion euros lower. In the Autumn calculations the government still expected a budget deficit of 3.1 billion euros.
If it is up to PvdA leader Lodewijk Asscher, the Netherlands' new government will be a left-wing one. Asscher's first choice of government would be a coalition between the PvdA CDA, GroenLinks and SP, he said on television program WNL Op Zondag.
Financial institutions who want to move their headquarters from London to Amsterdam due to the Brexit, do not have to worry about the strict Dutch bonus legislation, Minister Jeroen Dijsselbloem of Finance said to RTL Z on Wednesday.
Amsterdam is in talks with numerous financial firms currently based in London about relocating to the Netherlands due to Britain's decision to leave the European Union, deputy mayor Kasja Ollongren confirmed, according to The Guardian. "They [financial institutions] are all preparing themselves. They don't know exactly what they have to prepare for because the situation is unclear and it will take some time until it is more clear. Financials and others are looking at possibilities and very often Amsterdam is on the shortlist", Ollongren said, according to the newspaper.