during 2011-2014 the Dutch government takes 6,5% of GDP in deficit-reducing measures, while the budget deficit only shrinks with a tiny 1% of GPD. And, gross public debt further increases from 65,7 percent GDP in 2011 to an expected 76,3 percent GDP in 2014 CPB, 2013
Trouble in the Netherlands..
December 1st, 2013 · No Comments
Tags: Balance sheet recession