Minister of Finance Jeroen Dijsselbloem considers it too early and "too somber" to already say that a new economic crisis is on the way.
The Eurozone will be on the mend in the next few years, recovering slowly from the recent recession. Unemployment remains high, however, and there is a strong need for reforms. This is from the new Economic Outlook published Tuesday by the Organization for Economic Cooperation and Development (OECD).
After 125 years the family owned chain department store, Maison de Bonneterie, closes the doors to its two main locations in Amsterdam and The Hague. The 100 staff members were informed this morning.
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.
With the new year around the corner the Dutch are a bit more positive about the future of the Dutch economy than previous years, as shown by results of a study by the Social and Cultural Planning Bureau (SCP), Monday.
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.
Domestic violence, animal cruelty and the economic crisis are linked, research by police has shown.
The round-up of some of this week’s most noteworthy events and news stories features: €400,000 euro found inside women smugglers, a nude parade through downtown Amsterdam for World Diabetes Day, Photo Show Human Side of Breast Cancer, Joran van der Sloot wants new trial, and Amsterdam coin minter busted
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
With 0.1% growth in the Dutch economy last quarter, new statistics released by the CBS show the Dutch recession has come to an end. The growth was demonstrated in the third quarter of 2013, compared to the previous quarter.
Finance Minister Jeroen Dijsselbloem said the Netherlands will not make an effort to maintain its budget deficit within the European Union (EU) limits in 2014.
ING announced a large drop in profits, while their analysts claim the Dutch economy will contract by 1.4% in 2013.
The Dutch economy shrank faster in the last quarter of 2012 than previously thought. This follows from the second estimate of the CBS, which was distributed on Thursday. According to the estimate, the economy shrank by 0.4 percent. The first estimate in mid-February, on the other hand, showed a shrinking of 0.2 percent.
The shrinkage was 1.2 percent compared to a year earlier. In the first estimate, this was still at 0.9 percent. Consumer expenditure was lower and authorities spent less money than expected.