Facebook Twitter Linkedin Google Plus Tell a Friend
Home| Columns| Features| International| In Dutch| Dictionary| What's On| Jobs| Housing| Expats| Blogs| Books
 
 
««« previousnext »»»

Maintaining Triple A status is vital: employers' leader

Monday 26 March 2012

Employers' leader Bernard Wientjes told television programme Buitenhof on Sunday it is vital the Netherlands cuts its budget deficit in order to keep its Triple A rating status.

'This is by far the most important thing for the financial markets,' Wientjes said. 'We need to take draconian measures.'

The coalition partners are currently negotiating a €9bn package of cuts to reduce the Netherlands' budget deficit back to below the monetary union norm of 3%.

Sensible decisions

Nevertheless, ministers must take their time and make sensible decisions, the leader of the VNO-NCW told Buitenhof, adding that savings need to be made in three key areas: labour market, housing market and healthcare.

For example, unemployment benefits should be cut to 12 months, the redundancy laws should be reformed and pay rates frozen as much as possible, Wientjes said. In return, employers would be prepared to take on more people with a handicap, if they are supported by a special fund.

The government is slashing spending on special work schemes for the handicapped.

© DutchNews.nl



 

Readers' Comments

Keeping a triple A status is not vital. The US and France have lost theirs and yet the rates at which these countries borrow has not changed.Besides these ratings come from the same agencies that assured us the banks were safe and look where that got us.

By groverpm | 26 March 2012 9:34 AM

Keeping a triple A status is not vital. The US and France have lost theirs and yet the rates at which these countries borrow has not changed.Besides these ratings come from the same agencies that assured us the banks were safe and look where that got us.

By groverpm | 26 March 2012 9:35 AM

Hi,
Maintaining Triple A status is vital: employers' leader. In the view of who’s viewing. The AAA status, bond credit rating assesses the credit worthiness of a corporation's or government debt issues from a secular group of institutes who being paid for such. . It is analogous to credit ratings for individuals. This amounts to receiving payment for their work by the securities issuers for whom they issue those ratings which is wrong. The system is open to critacisium for controlling interest rate in there interest, thus “fiddling the books” and influencing the stock market.

By Terence Hale | 26 March 2012 11:01 AM

'This is by far the most important thing for the financial markets,' Wientjes said. 'We need to take draconian measures.'
This is the first thing we should IGNORE! Doing it for the financial markets? WTH? THEY GOT US INTO THIS MESS IN THE FIRST PLACE! Lets start doing this for the people and not for the markets...

By Expat in Holland | 26 March 2012 11:25 AM

Bernard Wientjes, are you facing unemployment or redundancy any time soon? And, your recent comments that the financial sector should be supported at all costs, is utter tripe. So, where is the bail out money to support these private banks who, are to big to fail. PricewaterhouseCoopers, estimates that the average Dutch multinational pays 15 to 20 percent tax on profits in the Netherlands. However, multinationals told one tax official that ‘they considered €0 a fair share’ because they already generate a lot of employment. ‘Out of the twenty largest companies, not even five pay corporate tax in the Netherlands.’ So, once again, the ordinary man on the street pays through the nose. Wake up people?

By Highlander | 26 March 2012 11:34 AM

By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...


http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html

Very interesting article to read

By Olympia | 26 March 2012 10:08 PM

 
 
 
 
 
 
 
 
Newsletter| RSS| Advertising| Business services| Mobile| Friends| Privacy| Contact| About us| Tell a Friend
Apartments for rent Rondvaart - Amsterdam