|Author (Person)||Steinglass, Matt|
|Series Title||Financial Times|
The Netherlands’ economy shrank by 1.1% in the third quarter of 2012, after growing 0.1% in the second quarter.
The contraction, the latest example of economic distress spreading from Europe’s periphery to its prosperous core, cames as unwelcome news for the two-week-old coalition of Mark Rutte, prime minister, which had already been forced to revise its programme by popular anger over austerity measures.
|Countries / Regions||Netherlands|