Crisis talks to continue on Monday

Ministers and coalition party leaders will continue their talks on a package of measures to boost the economy on Monday after failing to reach a deal on Thursday afternoon.

A draft agreement drawn up by prime minister Jan Peter Balkenende on the basis of the talks so far failed to win the support of Labour and the ChristenUnie, the NRC reports.
The talks have been delayed until next week because Balkenende will spend the next two days at a council of Europe meeting in Brussels.
‘It is an extremely important summit… but we will not be sitting still,’ finance minister Wouter Bos was quoted as saying.
The main sticking point is deciding how and when the measures to boost the economy should be paid for. Balkenende’s Christian Democrats and the ChristenUnie want to start making cuts in 2011, which is election year. Labour does not want a fixed agreement, the NRC says.

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