Former Minister of Finance: Economic Crisis Bigger than Expected

Onno Ruding, former Minister of Finance (Christian Democrats), says that the Central Planning Bureau (CPB) is underestimating the shrinking of the Dutch economy in the coming year. The CPB forecasts a decrease of 0.75% next year. Ruding expects a 3% decline in the first quarter.
www.trouw.nl/nieuws/nederland/article1929233.ece/Oud-minister_van_Financien_verwacht_ergere_recessie.html