Sunday, September 13, 2009

Most Negative State Budget since Second World War

The government will present on Tuesday the most negative state budget which since the Second World War. Savings will have to cover the consequences of the past crisis year, which will lead to costs of tens of billions of Euro in future years. The Dutch economy will shrink this year with 4.75% while for next year zero growth is expected. Eight percent of the Dutch professional population is expected to be unemployed next year. A major investigation of all governmental costs will be undertaken. The budget should not be in the public domain before it is officially presented, however it was leaked this year again.

No comments: