The Netherlands can expect a loss of prosperity and a possible recession on the horizon. There are still numerous caveats, such as how quickly the gas supply from Russia will be stopped, whether there will be an interest rate hike from the European Central Bank, and how the pandemic is developing in China. "The big question is whether the interest …
Large companies like Booking.com, Damen Shipyards, NS and KLM have announced coronavirus crisis-necessitated reorganizations, with thousands of jobs being cut. But that does not mean that unemployment in the Netherlands will skyrocket, Sandra Phlippen, chief economist at ABN Amro, said to Financieele Dagblad. "Here is not like the United States, where this percentage rose from 3.5 percent to 14.7 percent …
