Dutch are ‘too cautious’ says Brussels

The Netherlands is being too cautious in the measures to stimulate the economy that it announced in November and January, European Commissioner Joaquin Almunia said on Wednesday.

The biggest challenge facing the country is to restore confidence in the financial sector and stimulate investment, news agency ANP reported Almunia as saying.
The Commission’s position was made public before the latest forecast of a 3.5% shrinking of the country’s economy, ANP noted.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation