Tuesday, February 26, 2013

European Commission Pessimistic about Dutch Economy

The European Commission has further lowered its forecast about the Dutch economy in 2013. It now expects a decline of 0.6% in the GDP. In November 2012, it was still forecasting an increase of 0.3%. Also, the inflation will decrease slower than expected. It will be in this year 2.6% and 1.4% in 2014. The 2013 deficit will be at 3.6%, once again above the limit of the EU at 3%.

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