The Wall Street Journal published an
article in which it mentions that according to the Dutch Central Bank, the
Netherlands is in its third recession since 2009 and faces a prolonged period
of economic stagnation. It quoted the Central Bureau of Statistics which said
that unemployment rose to 6.8% in June. Furthermore, it said that consumer
sentiment, which has been depressed for years, deteriorated again in July. The
paper said “The cloudy outlook has led to warnings that the Netherlands is
drifting away from the Euro-Zone core and might even be stripped of its
cherished Triple A rating.”
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