Construction sector’s downward spiral...
The construction trade continuous their downward economic spiral. CBS reports show that the turnovers in the sector decreased by 9 percent in comparison to the last quarter of the year. In addition, the amount of bankruptcies increased by 27 percent and the amount of jobs decreased by 9000 reaching 363.000. Medium to large sized contracting firms in particular are experiencing... Read More »
PVV files a motion of no confidence on...
PVV frontman Geert Wilders has filed a motion of no confidence on the minister of finance Jan Kees de Jager. He did this during a parliamentairy debate on the issue of Dutch support of the Euro zone rescue fund (ESM). Wilders holds De Jager responsible for the Dutch compliance to the ESM, which according to Wilders, is not in... Read More »
Majority of Parliament in favour of...
A majority of the parliament is set to vote in agreement to the European economic rescue plan, in spite of the stiff resistance of opposing parties and public vote. The VVD, Christian Democrats, D66 and Labour MPs expressed their support of the reforms for the ESM fund to bail out weaker EU member states during a televised political debate on... Read More »
Freelance companies surging
The amount of independent freelancers, known in the Netherlands as ‘zzp-ers’, has increased immensely in the last decade. According to the statistics presented by the Central Planning Agency there are approximately 730.000 independent entrepreneurs in the Netherlands, an increase of 200.000 cases in comparison to a decade ago. Most of these freelancers work in the service sector. The number of... Read More »
“Greek departure will have no...
Minister of economic affairs, Maxime Verhagen, claims that Greece’s exodus from the Euro-zone would not greatly affect the Dutch Economy. He stated this today during an interview on financial news show RTL Z. The Greek economy is supposedly too small to have large effects on the Dutch economy. According to the minister, Greece’s breach from the Euro-zone would create some... Read More »
Van Haersma Buma new CDA frontman
Sybrand van Haersma Buma is the new front man of the Christian Democrats (CDA). He was elected yesterday with 51.4% of the votes in a party membership ballot. The runner up and Van Hearsma Buma’s main competitor, Mona Keijzer, a town councillor from Purmerend, received 26.4 % of the votes, which was not enough to force a second ballot. Despite running... Read More »
Economy benefits from international...
The integration of International students into the Dutch work force would greatly benefit the Dutch economy reports the Central Planning Agency. Research shows that if only 20 percent of foreign students would stay and contribute to the Netherlands after their studies it would bring in over €700 million annually. Minister of Education Halbe Zijlstra acknowledges the significance of integrating internationa… Read More »
FM: ‘Austerity measures...
The ‘kunduz coalition’ including the minority coalition and three opposition parties – the D66 Liberals, green party GroenLinks and ChristenUnie – completed the austerity package aimed to cut the Dutch budget deficit to below the 3% E.U. norm. Finance minister Jan Kees de Jager presented the news to reporters this morning after Tuesday night’s negotiations. “It was a team effort”... Read More »
