government dutch economy back to precrisis levels
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Government: Dutch economy back to pre-crisis levels

Egypt Today, egypt today

Egypt Today, egypt today Government: Dutch economy back to pre-crisis levels

The Dutch economy has recovered to pre-financial crisis levels
The Hague - AFP

The Dutch economy has grown by 2.1 percent this year the government's economic think tank said on Tuesday, thereby recovering to pre-financial crisis levels.

"With one quarter to go, 2016 has been a special year for economic recovery," The Hague-based Central Planning Office (CPB) said in a statement.

"Production per capita is back to 2008 levels following double dips in 2009 and 2012-13," the CPB said, adding that the last time Europe's sixth-largest economy showed such growth after a sustained crisis period was back in the 1980s.

Unemployment also fell, from 6.9 percent to 6.0 percent, in 2016 with a further dip to 5.3 percent predicted for next year -- but remains well above the 4.0 percent unemployment figure of 2008.

The CPB said improved growth was mainly due to a rise in consumer spending, with a thaw in the housing market -- which has seen a price freeze for several years -- having also stimulated spending.

It warned however that many uncertainties possibly affecting economic growth remained for next year, including fears over Britain's plans to leave the EU and US economic policy under a Trump administration.

The Dutch economy took a serious blow in the aftermath of the 2008 global financial crisis and has seen several years of austerity-driven budgets by Prime Minister Mark Rutte's Liberal-Labour coalition government.

But Rutte has recently been driving home the point that the economy is improving -- an important rallying point for the Dutch premier ahead of planned parliamentary polls in March next year.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

government dutch economy back to precrisis levels government dutch economy back to precrisis levels



GMT 09:43 2019 Monday ,19 August

Live a calm atmosphere in your career

GMT 02:02 2017 Wednesday ,03 May

Solar energy plans discussed

GMT 13:53 2018 Tuesday ,04 September

Bahrain-Kuwait ties praised

GMT 13:04 2016 Wednesday ,05 October

Boycott test for Asia's top film festival

GMT 05:02 2017 Saturday ,11 March

ECB: Core inflation still too low

GMT 08:51 2017 Sunday ,26 November

Amazon workers in Germany, Italy hold

GMT 15:55 2017 Tuesday ,25 April

Egypt sentences 20 to death over police killings

GMT 09:25 2017 Friday ,16 June

Trump's envoy Jason Greenblatt

GMT 08:53 2018 Sunday ,21 January

FedExpress steams on as Sharapova grinds

GMT 09:20 2018 Friday ,19 January

Police raid France's Lactalis

GMT 13:16 2018 Thursday ,11 January

Feminists and Weinstein accuser lash Deneuve
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday