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Over a quarter of Dutch companies laying off workers to withstand recession
In the second quarter of 2009, just over 71 percent of Dutch companies reported taking measures to combat the effects of the economic recession. This is slightly more than in the first quarter.
Own home main asset
In 2006, well before the credit crisis, Dutch households had assets worth a total 1,566 billion euro, most of which was accounted for by own homes. To offset these assets, the households had a total...
Heavy share prices losses for pension funds and insurance companies
As a consequence of the credit crisis, falling share prices have resulted in continued losses for Dutch pension funds and insurance companies since the third quarter of 2007.
Drastic increase government debt
The overall government debt has risen dramatically in 2008 by 87.4 billion euro. By the end of last year, goverment debt amounted to 346.2 billion euro, i.e. 58.2 percent of the gross domestic...
Two out of three companies taking measures to withstand economic recession
Nearly 70 of companies in the Netherlands report having taken measures to survive the effects of the economic recession.
Consumers expect unemployment to rise
Although unemployment in the Netherlands is still decreasing, Dutch consumers are becoming noticeably gloomier about the labour market. The news that companies are beginning to suffer the effects of...
Credit crisis has limited effects in 2007
Dutch financial institutions suffered only limited effects of the international credit crisis in 2007. The value of their financial assets diminished by only 32 billion euro as a result of lower...