Next year there will absolutely be economic growth said Dutch Treasury Secretary Jeroen Dijsselbloem (PvdA) Monday during a party meeting in Amsterdam. '
"But the annual explosive growth rate we had in the 1990s will not return anymore, and I don't want this either, because it was not sustainable growth" said Dijselbloem '
The Dutch Office For Economic Policy Analysis (CPB) reported last week that the Dutch economy will grow by 0.75 percent in 2014, but in that estimate the new austerity package of EUR 6 billion was not included.
It is generally assumed that the new austerity measures and tax increases will slow down the economic recovery said Dijselbloem , but he reckoned that the Netherlands will still show some growth next year.
Dijselbloem also said one of the major difficulties at the moment for the Dutch economy was the depressed housing market. He said it was not his intention to give any advice or make an appeal for people to spend money, but said he considered this to be an excellent time to buy a home with interest rates at rock bottom before interest rates go up again.
Almere-Digest
"But the annual explosive growth rate we had in the 1990s will not return anymore, and I don't want this either, because it was not sustainable growth" said Dijselbloem '
The Dutch Office For Economic Policy Analysis (CPB) reported last week that the Dutch economy will grow by 0.75 percent in 2014, but in that estimate the new austerity package of EUR 6 billion was not included.
It is generally assumed that the new austerity measures and tax increases will slow down the economic recovery said Dijselbloem , but he reckoned that the Netherlands will still show some growth next year.
Dijselbloem also said one of the major difficulties at the moment for the Dutch economy was the depressed housing market. He said it was not his intention to give any advice or make an appeal for people to spend money, but said he considered this to be an excellent time to buy a home with interest rates at rock bottom before interest rates go up again.
Almere-Digest
