Nervous consumer drags down Dutch economy

Author (Person)
Series Title
Series Details 15.11.12
Publication Date 15/11/2012
Content Type

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.

Related Links
ESO: Background information: Dutch left and right agree coalition, 15.11.12: Dutch economy contracts over 1%, jobless total rises again

Countries / Regions
Record URL