Amsterdam’s blue chip AEX stock exchange index broke the 450 point barrier on Friday for the first time since the economic crisis started in 2008.
The AEX was still below 400 points in mid-December.
The gains follow the decision by the European Central Bank to spend €1,100 billion euros buying up bond from banks starting in March.
The aim is to increase the supply of money, keeping interest rates low and encouraging people to borrow and therefore spend.
Meanwhile, the three big Dutch banks – ING, Rabobank and ABN Amro – said they will not yet sell their debt to the ECB because they have sufficient resources to meet demand for credit, the Financieele Dagblad reports.
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