Report shows the Netherlands can leave the euro, says Wilders

A report into the cost of the euro commissioned by Geert Wilders shows the Netherlands can return to the guilder, the PVV leader said at the presentation on Monday afternoon.


‘The results go against everything we are told in the media and by the left-wing elite on a daily basis,’ Wilders said. ‘The Netherlands can go back to the guilder.’
The research states the shift to the euro has hit the Netherlands’ prosperity. For example, the Dutch economy has grown by an average 1.25% since the euro was introduced, compared with 3% in the 20 preceding years.
Yet over the past 10 years, the economies of Sweden and Switzerland, which are not members of the eurozone, have grown 2.25% and 1.75% respectively, the report states.
Savings
Leaving the euro now will cost up to €51bn, but that will be more than offset by a €75bn saving on propping up the single currency, Wilders said. He wants a referendum on the issue.
The report was drawn up by British research group Lombard Street Research, which is known for its euro-sceptic position.
Charles Dumas of Lombard Street Research told Nos television: ‘We have always considered the euro to be a failed project’. Nevertheless, the report drawn up for the PVV is independent, Nos quotes him as saying.