Households with shares hit by credit crisis
The 1.5 million Dutch households that invest in shares have seen their value fall by a total €35bn (or €23,000 per household) in the first six weeks of the year, reports Thursday’s Volkskrant.
Share values have gone down as a result of the credit crisis on financial markets and fear of a recession, the paper said.
According to national statistics office CBS, the combined value of shares held by Dutch households is €250bn.
And professional investors have not fared much better, losing a total €90bn on the Amsterdam stock exchange so far this year, the paper says
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