The domestic budget leaves little room for extra expenditure, but the Cabinet still wants to come up with a package of measures to prevent the poorest people in the Netherlands from being unable to pay their bills. Caretaker Prime Minister Mark Rutte said on Friday after the regular weekly Council of Ministers meeting that he wanted to at least limit …
The Dutch government's coronavirus support package saved between 65 thousand and 180 thousand jobs, central planning office CPB calculated. The support package was therefore effective in 2020 - many people kept their income, unemployment did not skyrocket, and few companies went bankrupt, the CPB said, NOS reports. The CPB looked at the NOW scheme for wage support, the TVL scheme …
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 …
The government's third support package for companies means that unemployment will rise somewhat less rapidly next year than previously expected, increasing to 5.9 percent instead of last month's expectation of 6.5 percent, according to central planning office CPB. Government aid is mainly ending up with people with permanent employment, increasing inequality in the Netherlands, the CPB said in its Budget …
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 …