Dutch economic growth to remain fragile for years: report
Tuesday 13 November 2012
The Dutch economy will grow by just 0.25% in 2013 and by no more than 0.5% in the foreseeable future, Rabobank economists write in a report presented on Tuesday.
The slight growth in 2013 keeps the Dutch economy under the level of 2008 before the financial crisis set in.
According to the Rabobank, growth will be held back by the cuts announced by the new coalition, which will limit consumer spending. Only exports will ensure the economy does not shrink, the bank's economists say.