Divided Dutch struggle to plug budget holes

Author (Person)
Series Title
Series Details 28.3.12
Publication Date 28/03/2012
Content Type

Article reported that after three weeks of negotiations, the Netherlands’ coalition government remained divided at the end of March 2012 over the drastic budget cuts needed to slash its deficit to the European Union’s mandated level of 3%

As the conflict threatened to bring down the conservative coalition, investors begab to worry that the country lacked the political capacity to make the reforms it needed to maintain its status as a 'core' eurozone economy, along with Germany and Finland.

Related Links
ESO: Background information: Concerns rise over eurozone fiscal treaty http://www.europeansources.info/record/concerns-rise-over-eurozone-fiscal-treaty/
ESO: Background information: Dutch forced to make further budget cuts http://www.europeansources.info/record/dutch-forced-to-make-further-budget-cuts/
Dutch News.nl, 27.2.12: No end date for three-party talks on cutting €9bn, says PM http://www.dutchnews.nl/news/archives/2012/03/no_end_date_for_threeparty_tal.php
RNW, 27.3.12: view the location of this item Dutch PM refuses to be pressured on budget http://www.rnw.nl/english/bulletin/dutch-pm-refuses-be-pressured-budget
EUObserver, 29.3.12: Dutch government wobbles at it haggles over EU budget goals http://euobserver.com/9/115748
RNW, 29.3.12: Dutch Labour leader: no deal with cabinet http://www.rnw.nl/english/bulletin/dutch-labour-leader-no-deal-cabinet
Dutch News.nl, 29.3.12: Government talks continue, 'sufficient perspective' for a deal http://www.dutchnews.nl/news/archives/2012/03/government_talks_continue_suff.php

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