Even though Dutch people like to grumble when things do not go their way, the population is generally pretty satisfied about the country, according to a study I&O Research did on behalf of newspaper AD. The survey among more than 6 thousand Dutch found that while there are concerns about contradictions in society, most are positive about the Netherlands' future, AD reports.
Dutch workers can count on an average 2.5 percent wage increase next year according to international consultancy firm Korn Ferry Hay Group. At 2.5 percent, the Netherlands' workers is getting a bigger increase than the 2.1 percent average for Western Europe, ANP reports.
Korn Ferry hay Group annually studies salary expectations as predicted by personnel departments world wide. This study is based on a massive database containing data on more than 20 million people spread over 25 thousand organizations in 110 countries.
The government announced a financial windfall of 4.3 billion euros on Friday. According to Finance Minister Jeroen Dijsselbloem, the money came from Dutch citizens paying more corporation tax, income tax and VAT than expected due to the improving economy. And the sale of 65 million ABN Amro shares, which brought in 1.3 billion euros, NOS reports.
The Netherlands had a budget surplus of 0.5 percent of the gross domestic product in the second quarter of this year, Statistics Netherlands reported on Monday based on seasonally adjusted figures for the second quarter of 2016.
In the second quarter of this year ABN Amro achieved its best results since the banks nationalization in 2008. The bank made a profit of 600 million euros in the second quarter - with non-recurring items excluded, that is almost double compared to the same quarter last year
The recovering Dutch economy is good news for Rabobank. In the first half of this year the bank booked a profit of 1.5 billion euros, an increase of 41 percent compared to last year.
Rabobank increased the mortgage interest rates on Monday. The interest rate on mortgages with a term of between 2 and 7 years increased by 0.1 percent. The interest rate on mortgages with a longer term increased by 0.2 percent.
The number of bankruptcies in the Netherlands decreased by 19 percent in the first quarter of this year. Freelancers in particular are doing well.
According to the Central Planning Bureau (CPB), the Dutch economy is recovering steadily.
An extra 17.8 million euros will be made available for the ongoing actions aimed at fighting youth unemployment in the Netherlands.