The switch in governments means the Netherlands losing global influence on bodies such as the G20 and IMF, the Financieele Dagblad reports on Thursday, quoting confidential sources.

For example, the Netherlands is extremely unlikely to be invited to the next G20 summit in South Korea because new prime minister Mark Rutte does not have the contacts, the paper states.
The Netherlands is not a member of the G20 group of leading economies but former prime minister Jan Peter Balkenende was regularly invited as an observer.
‘Because Balkenende had built up good contacts, it was almost impossible not to invite him,’ a source said.

Financial reform
The next G20 summit takes place in Seoul in November and will conclude a number of deals with considerable impact on the Dutch financial sector.
‘If you are there, you are close to the fire,’ the source said. ‘That means you get early warning about issues which will affect the Netherlands, such as tightening up financial sector regulation.’
The G20 summit will also discuss plans to reform the executive level of the International Monetary Fund. The Dutch seat on the IMF board is under threat because of plans to give more say to developing countries.