The plans of GroenLinks-PvdA will halve poverty in the Netherlands, according to the Central Planning Office’s calculation of the parties’ election manifesto. Despite these billions in additional expenditure, the left-wing party’s plans will improve the government finances, partly thanks to a new millionaires’ tax that yields over 9 billion euros. Government expenditure will increase by almost 20 billion euros in …
The government’s macro-economic think-tank CPB says the Dutch economy will shrink by 5% in 2020, assuming there are no more large-scale new physical contact restrictions needed to combat coronavirus. Prime minister Mark Rutte said last week that the cabinet is thinking ‘very carefully’ about what a third package of measures should include and finance minister Wopke Hoekstra said that a …
