The minority cabinet and anti-immigration PVV had agreed on a large number of measures to cut the budget deficit when the talks collapsed on Saturday.
According to RTL news, the total package would have generated over €14.2bn for the treasury through a combination of cuts and tax increases.
The broadcaster said the government’s macro-economic think-tank CPB calculates the total package would reduce the budget deficit to 2.8% next year, below the 3% target demanded by Brussels.
However, the impact on spending power would have been considerable. Pensioners in particular would have had at least 3% less to spend next year.
The main points of the agreement
Sources: RTL nieuws, Volkskrant, Nos
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