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6/23/14

Netherlands: Is the economic crisis in the Netherlands nearly over?

 Currently, one third of Dutch people think the financial crisis that began in 2008 is over, while for around one fifth of the population, it is even going well.

The people who think this way, however, are mostly educated men with above-average incomes.

This comes from statistics published by the National Institute for Family Finance Information (Nibud). According to them, the rest of the Netherlands does not think the crisis is over, with one fifth finding it even worse.

While increasing confidence is apparent, the continuing caution is expressed in consumer spending: in 2013, 70 per cent of Dutch people economised on their expenditure, and nearly that same amount say they will continue to do so in the coming year.

It’s also seen in the latest numbers on social security recipients: the numbers have been growing in the Netherlands for several years and have now reached the same levels as the late 1990s, with 426.000 people receiving social security in the first quarter of 2014

Read more: Is the economic crisis in the Netherlands nearly over? | News

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