2 years, 3 months ago
Netherlands heading for a debt crisis, budget institute warns
NL TimesThe sky-high prices have put the Netherlands in a crisis of making ends meet with many people struggling to get through the month, said Arjan Vliegenthart of the budged institute Nibud. “Many people are currently trying to save the day with a great deal of effort, drawing on their own reserves.” According to him, these are “actually excellent budget makers” who just barely manage without making debts. Because once the problem is that many Dutch people are stuck with large debts, “we will always be late, no matter how early we get there.” Vliegenthart painted a gloomy picture of the high costs to the parliamentarians. “I understand that there is nothing you can do about it anymore,” many Dutch people tell the budget institute.
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