On Wednesday afternoon European Central Bank president Mario Draghi is visiting the Tweede Kamer, the lower house of Dutch parliament. He can expect to be met with hostility and demands for the ECB to stop pushing billions of euros into the European economy in an effort to boost growth, NU.nl reports after speaking with numerous parliamentarians.
Klaas Knot, president of De Nederlandsche Bank (DNB), is against European Central Bank (ECB) president Mario Draghi's plans to turn on the money printing press. He also thinks that the Netherlands should further reduce mortgage tax credit.
Eurogroup chairman Jeroen Dijsselbloem says that European countries and certain euro countries. should do more to improve the economy in Europe. The keyword here is structural reforms.
Stimulation and growth are the key to the European Central Banks (ECB) plan for economic recovery as it launches its small and midsize business lending scheme. The ECB will begin buying up bad loans directly from banks in an effort to encourage banks to provide capital to growing businesses.
Economists from the Financieele Dagblad warn that preventative measures need to be taken to avoid a possible third recession. After the credit crisis and the debt crisis, there is a fear that The Netherlands could be headed for a triple-dip recession, the Algemeen Dagblad reports.