Austerity talks resume on Saturday

Austerity talks between the minority government and alliance partner PVV are set to continue on Saturday, now the first financial projections have been completed.

The government’s macro-economic think-tank CPB has gone through the initial calculations to see if the results of the negotiations will do enough to reduce the budget deficit back to below 3%, in line with monetary union rules.
According to the Volkskrant, the CPB has assessed the plans to determine their effect on the budget deficit, economic growth, jobs and consumer spending power.
The paper says once the impact of the CPB calculations has been dealt with and any changes made, the plans will be put to VVD, CDA and PVV MPs for their opinion.
Nos television says the position of the anti-immigration party will be crucial because some of the measures are likely to go against party policy.

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