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War in Ukraine could lead to recession, government forecaster says
2 years, 9 months ago

War in Ukraine could lead to recession, government forecaster says

Dutch News  

The CPB macro-economic forecasting agency has updated its spring economic forecasts to reflect the war in Ukraine and now says the Netherlands could end up in a short recession. The new scenario assumes that the war will lead to long-term high energy and commodity prices and lower spending in various European economies. Dutch employers’ organisation VNO-NCW has also warned against …

War Ukraine Cpb
War in Ukraine could lead to recession, government forecaster says
2 years, 9 months ago

War in Ukraine could lead to recession, government forecaster says

Dutch News  

The CPB macro-economic forecasting agency has updated its spring economic forecasts to reflect the war in Ukraine and now says the Netherlands could end up in a short recession. The new scenario assumes that the war will lead to long-term high energy and commodity prices and lower spending in various European economies. Dutch employers’ organisation VNO-NCW has also warned against …

War Ukraine Cpb
Fewer young men working in NL after 2008 financial crisis: Planning Office
3 years, 2 months ago

Fewer young men working in NL after 2008 financial crisis: Planning Office

NL Times  

Since the financial crisis of 2008, the labor participation of young men has decreased more and more. Men under the age of 25 started studying longer, and men 25 to 44 faced various setbacks in the aftermath of the financial crisis, central planning office CPB said. "Some were forced to work in another sector, but there are also young men …

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Dutch economy will take years to recover from Covid-19 crisis: Planning office
4 years, 3 months ago

Dutch economy will take years to recover from Covid-19 crisis: Planning office

NL Times  

The coronavirus crisis will cause long lasting damage to the Dutch economy, even if the virus is completely under control soon, according to central planning office CPB. The labor supply and investments will only recover in the long term - ten years or more, the CPB expects. "That does mean that we missed out on two years of economic growth," …

Dutch Economy Cpb Planning Office
Dutch economy expected to grow again next year, Covid-19 effects to linger
4 years, 4 months ago

Dutch economy expected to grow again next year, Covid-19 effects to linger

NL Times  

The Dutch economy will shrink by 5.1 percent this year, but recovery will start at the end of the year and in 2021 the economy will grow by 3.2 percent, according to central planning office CPB's draft-macroeconomic foresight studies. The effects of the Covid-19 crisis will linger, however, with unemployment rising to 7 percent next year. Household consumption will decrease …

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