The amount of wealth a parent has is increasingly becoming a factor in their children’s wealth. This showed that children whose parents are amongst the most wealthy also end up gaining wealth, while children of parents with the lowest assets make less progress and have more difficulty climbing the ladder in terms of how much money and possessions they have. …
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 …
The Dutch economy will contract 4.2% this year, slightly less than expected, the government’s macro-economic think-tank CPB said in its latest forecasts. However, the CPB said, the second coronavirus wave will mean the recovery next year will be slower than forecast earlier. Unemployment will increase to more than 6% in 2021, affecting particularly young people, employees on a flexible employment …
